PPP Loan information for Menlo engineering associates inc

$571,900

Menlo engineering associates inc was initially approved for PPP Loan of amount $571,900, the current approved amount is $571,900. The loan was approved on 02/10/2021 by The Magyar Bank reported 24 jobs and $571,900 was used to fund payroll.

Menlo engineering associates inc is Existing or more than 2 years old

PPP Loan Search / NJ / Highland Park / Menlo engineering associates inc

MENLO ENGINEERING ASSOCIATES INC

Date Approved

02/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MENLO ENGINEERING ASSOCIATES INC

Borrower Address

261 Cleveland Ave

Borrower City

Highland Park

Borrower State

NJ

Borrower Zip

08904-1841

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

571900.00

Current Approval Amount

571900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Highland Park

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08904-1841

CD

NJ-06

Jobs Reported

24

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

571897.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

576665.83

Forgiveness Date

12/20/2021

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