PPP Loan information for Meco inc

$383,640

Meco inc was initially approved for PPP Loan of amount $383,640, the current approved amount is $383,640. The loan was approved on 04/14/2020 by The Freehold Bank reported 19 jobs and $383,640 was used to fund payroll.

Meco inc is Existing or more than 2 years old

MECO INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MECO INC

Borrower Address

37 Prodelin

Borrower City

MILLSTONE TOWNSHIP

Borrower State

NJ

Borrower Zip

08535

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

383640.00

Current Approval Amount

383640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87267

Servicing Lender Name

Freehold Bank

Servicing Lender Address

68 W Main St

Servicing Lender City

FREEHOLD

Servicing Lender State

NJ

Servicing Lender Zip

07728-2100

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLSTONE TOWNSHIP

Project County Name

MONMOUTH

Project State

NJ

Project Zip

08535-0001

CD

NJ-03

Jobs Reported

19

NAICS Code

324121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

383640.00

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

87267

Originating Lender

Freehold Bank

Originating Lender City

FREEHOLD

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

330745.41

Forgiveness Date

09/27/2021

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