PPP Loan information for Montco inc

$10,000,000

Montco inc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 500 jobs and $10,000,000 was used to fund payroll.

Montco inc is Existing or more than 2 years old

MONTCO INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MONTCO INC

Borrower Address

25 KENNEDY BLVD

Borrower City

EAST BRUNSWICK

Borrower State

NJ

Borrower Zip

08816-1259

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

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

EAST BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-1259

CD

NJ-12

Jobs Reported

500

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10207500.00

Forgiveness Date

05/06/2022

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