PPP Loan information for Matrix new world engineering

$3,258,540

Matrix new world engineering was initially approved for PPP Loan of amount $3,258,540, the current approved amount is $3,258,540. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 200 jobs and $3,258,540 was used to fund payroll.

Matrix new world engineering is Existing or more than 2 years old

MATRIX NEW WORLD ENGINEERING

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MATRIX NEW WORLD ENGINEERING

Borrower Address

26 Columbia Turnpike

Borrower City

Florham Park

Borrower State

NJ

Borrower Zip

07932

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3258540.00

Current Approval Amount

3258540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florham Park

Project County Name

MORRIS

Project State

NJ

Project Zip

07932-0001

CD

NJ-11

Jobs Reported

200

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

2822540.00

Mortgage Interest Proceed

0.00

Rent Proceed

185000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

226000.00

Debt Interest Proceed

18000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3295946.25

Forgiveness Date

06/15/2021

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