PPP Loan information for Mechanical associates of new jersey

$312,382

Mechanical associates of new jersey was initially approved for PPP Loan of amount $312,382, the current approved amount is $312,382. The loan was approved on 04/28/2020 by The Valley National Bank reported 23 jobs and $312,382 was used to fund payroll.

Mechanical associates of new jersey is Existing or more than 2 years old

MECHANICAL ASSOCIATES OF NEW JERSEY

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MECHANICAL ASSOCIATES OF NEW JERSEY

Borrower Address

24 Forest Avenue

Borrower City

Hawthorne

Borrower State

NJ

Borrower Zip

07506

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312382.00

Current Approval Amount

312382.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hawthorne

Project County Name

PASSAIC

Project State

NJ

Project Zip

07506-1000

CD

NJ-09

Jobs Reported

23

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

312382.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

315618.62

Forgiveness Date

05/17/2021

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