PPP Loan information for Maxisit inc

$1,849,300

Maxisit inc was initially approved for PPP Loan of amount $1,849,300, the current approved amount is $1,849,300. The loan was approved on 04/08/2020 by The Magyar Bank reported 72 jobs and $1,849,300 was used to fund payroll.

Maxisit inc is Existing or more than 2 years old

PPP Loan Search / NJ / METUCHEN / Maxisit inc

MAXISIT INC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAXISIT INC

Borrower Address

203 MAIN ST

Borrower City

METUCHEN

Borrower State

NJ

Borrower Zip

08840-2727

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1849300.00

Current Approval Amount

1849300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

METUCHEN

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08840-2727

CD

NJ-06

Jobs Reported

72

NAICS Code

811212

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1849300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1870566.95

Forgiveness Date

06/11/2021

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