PPP Loan information for Metalfab material handling systems llc

$414,735

Metalfab material handling systems llc was initially approved for PPP Loan of amount $414,735, the current approved amount is $414,735. The loan was approved on 04/15/2020 by The Valley National Bank reported 26 jobs and $414,735 was used to fund payroll.

Metalfab material handling systems llc is Existing or more than 2 years old

METALFAB MATERIAL HANDLING SYSTEMS LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

METALFAB MATERIAL HANDLING SYSTEMS LLC

Borrower Address

11 Prices Switch Rd PO Box 9

Borrower City

VERNON

Borrower State

NJ

Borrower Zip

07462

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414735.00

Current Approval Amount

414735.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERNON

Project County Name

SUSSEX

Project State

NJ

Project Zip

07462-0001

CD

NJ-05

Jobs Reported

26

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

414735.00

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

Limited Liability Company(LLC)

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

419170.36

Forgiveness Date

05/13/2021

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