PPP Loan information for M.o. industries, inc.

$70,512

M.o. industries, inc. was initially approved for PPP Loan of amount $70,512, the current approved amount is $70,512. The loan was approved on 05/09/2020 by The Valley National Bank reported 45 jobs and $70,512 was used to fund payroll.

M.o. industries, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / WHIPPANY / M.o. industries, inc.

M.O. INDUSTRIES, INC.

Date Approved

05/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

M.O. INDUSTRIES, INC.

Borrower Address

9 WHIPPANY RD, B1-2

Borrower City

WHIPPANY

Borrower State

NJ

Borrower Zip

07981

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70512.00

Current Approval Amount

70512.00

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

WHIPPANY

Project County Name

MORRIS

Project State

NJ

Project Zip

07981-0005

CD

NJ-11

Jobs Reported

45

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70512.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71128.98

Forgiveness Date

03/24/2021

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