PPP Loan information for Maxlite inc

$2,000,000

Maxlite inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/30/2021 by The PNC Bank, National Association reported 125 jobs and $2,000,000 was used to fund payroll.

Maxlite inc is Existing or more than 2 years old

PPP Loan Search / NJ / West Caldwell / Maxlite inc

MAXLITE INC

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAXLITE INC

Borrower Address

12 York Ave

Borrower City

West Caldwell

Borrower State

NJ

Borrower Zip

07006-6411

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Caldwell

Project County Name

ESSEX

Project State

NJ

Project Zip

07006-6411

CD

NJ-11

Jobs Reported

125

NAICS Code

335999

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2030944.44

Forgiveness Date

08/16/2022

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