PPP Loan information for Meca electronics, inc.

$347,376

Meca electronics, inc. was initially approved for PPP Loan of amount $347,376, the current approved amount is $347,376. The loan was approved on 04/30/2020 by The Customers Bank reported 31 jobs and $347,376 was used to fund payroll.

Meca electronics, inc. is Existing or more than 2 years old

MECA ELECTRONICS, INC.

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MECA ELECTRONICS, INC.

Borrower Address

459 East Main Street

Borrower City

Denville

Borrower State

NJ

Borrower Zip

07834

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

347376.00

Current Approval Amount

347376.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Denville

Project County Name

MORRIS

Project State

NJ

Project Zip

07834-0001

CD

NJ-11

Jobs Reported

31

NAICS Code

334220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

347376.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

351687.27

Forgiveness Date

07/28/2021

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