PPP Loan information for Microturn systems inc

$139,579

Microturn systems inc was initially approved for PPP Loan of amount $139,579, the current approved amount is $139,579. The loan was approved on 04/13/2021 by The PNC Bank, National Association reported 5 jobs and $139,579 was used to fund payroll.

Microturn systems inc is Existing or more than 2 years old

MICROTURN SYSTEMS INC

Date Approved

04/13/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MICROTURN SYSTEMS INC

Borrower Address

90 E Halsey Rd 90 E Halsey Rd

Borrower City

Parsippany

Borrower State

NJ

Borrower Zip

07054-3705

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139579.00

Current Approval Amount

139579.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parsippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-3705

CD

NJ-11

Jobs Reported

5

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139577.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140307.91

Forgiveness Date

10/20/2021

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