PPP Loan information for Mbe mark iii electric inc

$633,240

Mbe mark iii electric inc was initially approved for PPP Loan of amount $633,240, the current approved amount is $633,240. The loan was approved on 01/23/2021 by The Fulton Bank, National Association reported 26 jobs and $633,240 was used to fund payroll.

Mbe mark iii electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / Madison / Mbe mark iii electric inc

MBE MARK III ELECTRIC INC

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MBE MARK III ELECTRIC INC

Borrower Address

213 Main St

Borrower City

Madison

Borrower State

NJ

Borrower Zip

07940-2229

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

633240.00

Current Approval Amount

633240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MORRIS

Project State

NJ

Project Zip

07940-2229

CD

NJ-11

Jobs Reported

26

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

633240.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

638427.36

Forgiveness Date

11/22/2021

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