PPP Loan information for Micrologic associates, llc

$888,180

Micrologic associates, llc was initially approved for PPP Loan of amount $888,180, the current approved amount is $888,180. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 60 jobs and $888,180 was used to fund payroll.

Micrologic associates, llc is Existing or more than 2 years old

PPP Loan Search / NJ / Ledgewood / Micrologic associates, llc

MICROLOGIC ASSOCIATES, LLC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MICROLOGIC ASSOCIATES, LLC

Borrower Address

1895 US Highway 46

Borrower City

Ledgewood

Borrower State

NJ

Borrower Zip

07852

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

888180.00

Current Approval Amount

888180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ledgewood

Project County Name

MORRIS

Project State

NJ

Project Zip

07852-0001

CD

NJ-07

Jobs Reported

60

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

111022.50

Payroll Proceed

666135.00

Mortgage Interest Proceed

111022.50

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

899405.61

Forgiveness Date

07/22/2021

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