PPP Loan information for Mps inc

$49,597

Mps inc was initially approved for PPP Loan of amount $49,597, the current approved amount is $49,597. The loan was approved on 04/15/2020 by The Valley National Bank reported 5 jobs and $49,597 was used to fund payroll.

Mps inc is Existing or more than 2 years old

PPP Loan Search / NJ / SCOTCH PLAINS / Mps inc

MPS INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MPS INC

Borrower Address

1958 Westfield Avenue

Borrower City

SCOTCH PLAINS

Borrower State

NJ

Borrower Zip

07076

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49597.00

Current Approval Amount

49597.00

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

SCOTCH PLAINS

Project County Name

UNION

Project State

NJ

Project Zip

07076-0001

CD

NJ-07

Jobs Reported

5

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49597.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50000.66

Forgiveness Date

02/11/2021

;