PPP Loan information for Mtb electric llc

$300,400

Mtb electric llc was initially approved for PPP Loan of amount $300,400, the current approved amount is $300,400. The loan was approved on 04/14/2020 by The Loan Source Incorporated reported 21 jobs and $300,400 was used to fund payroll.

Mtb electric llc is Existing or more than 2 years old

MTB ELECTRIC LLC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MTB ELECTRIC LLC

Borrower Address

366 FAIRVIEW AVE

Borrower City

LONG VALLEY

Borrower State

NJ

Borrower Zip

07853-3258

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300400.00

Current Approval Amount

300400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG VALLEY

Project County Name

MORRIS

Project State

NJ

Project Zip

07853-3258

CD

NJ-07

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

300400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

303280.55

Forgiveness Date

04/08/2021

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