PPP Loan information for Metal components inc

$150,650

Metal components inc was initially approved for PPP Loan of amount $150,650, the current approved amount is $150,650. The loan was approved on 01/29/2021 by The Valley National Bank reported 14 jobs and $150,650 was used to fund payroll.

Metal components inc is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Metal components inc

METAL COMPONENTS INC

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

METAL COMPONENTS INC

Borrower Address

92 Maryland Ave

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07503-2113

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150650.00

Current Approval Amount

150650.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07503-2113

CD

NJ-09

Jobs Reported

14

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

150647.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151599.93

Forgiveness Date

09/17/2021

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