PPP Loan information for M&s machine and tool corp

$299,140

M&s machine and tool corp was initially approved for PPP Loan of amount $299,140, the current approved amount is $299,140. The loan was approved on 03/12/2021 by The Valley National Bank reported 18 jobs and $299,140 was used to fund payroll.

M&s machine and tool corp is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / M&s machine and tool corp

M&S MACHINE AND TOOL CORP

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

M&S MACHINE AND TOOL CORP

Borrower Address

108 Maryland Ave

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07503-2113

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

299140.00

Current Approval Amount

299140.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07503-2113

CD

NJ-09

Jobs Reported

18

NAICS Code

238290

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

299138.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302472.09

Forgiveness Date

04/21/2022

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