PPP Loan information for Megatran industries inc

$3,928,800

Megatran industries inc was initially approved for PPP Loan of amount $3,928,800, the current approved amount is $3,928,800. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 302 jobs and $3,928,800 was used to fund payroll.

Megatran industries inc is Existing or more than 2 years old

PPP Loan Search / NJ / BORDENTOWN / Megatran industries inc

MEGATRAN INDUSTRIES INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MEGATRAN INDUSTRIES INC

Borrower Address

312 RISING SUN ROAD

Borrower City

BORDENTOWN

Borrower State

NJ

Borrower Zip

08505

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3928800.00

Current Approval Amount

3928800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BORDENTOWN

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08505-0001

CD

NJ-03

Jobs Reported

302

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

150000.00

Payroll Proceed

3278800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

500000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3973362.28

Forgiveness Date

06/11/2021

;