PPP Loan information for Mighty mug inc

$58,302

Mighty mug inc was initially approved for PPP Loan of amount $58,302, the current approved amount is $58,302. The loan was approved on 02/07/2021 by The Valley National Bank reported 9 jobs and $58,302 was used to fund payroll.

Mighty mug inc is Existing or more than 2 years old

MIGHTY MUG INC

Date Approved

02/07/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MIGHTY MUG INC

Borrower Address

665 Martin St

Borrower City

Rahway

Borrower State

NJ

Borrower Zip

07065-5409

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58302.00

Current Approval Amount

58302.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rahway

Project County Name

UNION

Project State

NJ

Project Zip

07065-5409

CD

NJ-07

Jobs Reported

9

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58302.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58860.73

Forgiveness Date

02/03/2022

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