PPP Loan information for Mgag associates, inc. dba federal security systems inc.

$61,819

Mgag associates, inc. dba federal security systems inc. was initially approved for PPP Loan of amount $61,819, the current approved amount is $61,819. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 3 jobs and $61,819 was used to fund payroll.

Mgag associates, inc. dba federal security systems inc. is Existing or more than 2 years old

MGAG ASSOCIATES, INC. DBA FEDERAL SECURITY SYSTEMS INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MGAG ASSOCIATES, INC. DBA FEDERAL SECURITY SYSTEMS INC.

Borrower Address

16 Leonard Dr

Borrower City

Morganville

Borrower State

NJ

Borrower Zip

07751

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61819.00

Current Approval Amount

61818.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morganville

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07751-0001

CD

NJ-03

Jobs Reported

3

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61818.75

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

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62537.32

Forgiveness Date

07/06/2021

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