Date Approved
04/27/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
MICROCAST TECHNOLOGIES CORPORATION
Borrower Address
1611 W Elizabeth Ave
Borrower City
LINDEN
Borrower State
NJ
Borrower Zip
07036
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1234552.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45621
Servicing Lender Name
Lakeland Bank
Servicing Lender Address
2717 Rte 23 South
Servicing Lender City
NEWFOUNDLAND
Servicing Lender State
Servicing Lender Zip
07435-1441
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
UNION
Project State
Project Zip
07036-0001
CD
NJ-10
Jobs Reported
118
NAICS Code
331524
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1244600.39
Forgiveness Date
02/25/2021