PPP Loan information for Midstate industrial associates llc

$367,000

Midstate industrial associates llc was initially approved for PPP Loan of amount $367,000, the current approved amount is $367,000. The loan was approved on 01/21/2021 by The Magyar Bank reported 15 jobs and $367,000 was used to fund payroll.

Midstate industrial associates llc is Existing or more than 2 years old

PPP Loan Search / NJ / Sayreville / Midstate industrial associates llc

MIDSTATE INDUSTRIAL ASSOCIATES LLC

Date Approved

01/21/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MIDSTATE INDUSTRIAL ASSOCIATES LLC

Borrower Address

4000 Bordentown Ave Ste 41

Borrower City

Sayreville

Borrower State

NJ

Borrower Zip

08872-2760

Loan Status Date

09/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

367000.00

Current Approval Amount

367000.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sayreville

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08872-2760

CD

NJ-06

Jobs Reported

15

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

366996.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

372780.25

Forgiveness Date

08/31/2022

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