PPP Loan information for Michael favale

$17,300

Michael favale was initially approved for PPP Loan of amount $17,300, the current approved amount is $17,300. The loan was approved on 07/29/2020 by The Magyar Bank reported 1 jobs and $17,300 was used to fund payroll.

Michael favale is Existing or more than 2 years old

PPP Loan Search / NJ / NEW BRUNSWICK / Michael favale

MICHAEL FAVALE

Date Approved

07/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MICHAEL FAVALE

Borrower Address

18 DEWEY DR

Borrower City

NEW BRUNSWICK

Borrower State

NJ

Borrower Zip

08901-1510

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17300.00

Current Approval Amount

17300.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08901-1510

CD

NJ-06

Jobs Reported

1

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17300.00

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

Self-Employed Individuals

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

17373.53

Forgiveness Date

01/08/2021

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