PPP Loan information for Monmouth controls & instrument co., inc.

$610,297

Monmouth controls & instrument co., inc. was initially approved for PPP Loan of amount $610,297, the current approved amount is $610,297. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 22 jobs and $610,297 was used to fund payroll.

Monmouth controls & instrument co., inc. is Existing or more than 2 years old

MONMOUTH CONTROLS & INSTRUMENT CO., INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MONMOUTH CONTROLS & INSTRUMENT CO., INC.

Borrower Address

105 Sherman Avenue

Borrower City

Raritan

Borrower State

NJ

Borrower Zip

08869

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

610297.00

Current Approval Amount

610297.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raritan

Project County Name

SOMERSET

Project State

NJ

Project Zip

08869-0001

CD

NJ-07

Jobs Reported

22

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

534708.00

Mortgage Interest Proceed

0.00

Rent Proceed

9405.00

Refinance EIDL Proceed

0.00

Health Care Proceed

59184.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

616834.70

Forgiveness Date

05/21/2021

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