PPP Loan information for Metertek utility services inc

$127,167

Metertek utility services inc was initially approved for PPP Loan of amount $127,167, the current approved amount is $127,167. The loan was approved on 02/04/2021 by The Valley National Bank reported 6 jobs and $127,167 was used to fund payroll.

Metertek utility services inc is Existing or more than 2 years old

METERTEK UTILITY SERVICES INC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

METERTEK UTILITY SERVICES INC

Borrower Address

20 Lafayette Pl

Borrower City

Kenilworth

Borrower State

NJ

Borrower Zip

07033-1105

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127167.00

Current Approval Amount

127167.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kenilworth

Project County Name

UNION

Project State

NJ

Project Zip

07033-1105

CD

NJ-10

Jobs Reported

6

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

127165.00

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

Subchapter S 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

127799.30

Forgiveness Date

08/09/2021

;