PPP Loan information for Multani brothers inc

$66,403

Multani brothers inc was initially approved for PPP Loan of amount $66,403, the current approved amount is $66,403. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 21 jobs and $66,403 was used to fund payroll.

Multani brothers inc is Existing or more than 2 years old

MULTANI BROTHERS INC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MULTANI BROTHERS INC

Borrower Address

127 JUNIPER DRIVE

Borrower City

MULLICA HILL

Borrower State

NJ

Borrower Zip

08062-9507

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66402.50

Current Approval Amount

66402.50

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

MULLICA HILL

Project County Name

GLOUCESTER

Project State

NJ

Project Zip

08062-9507

CD

NJ-02

Jobs Reported

21

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66402.50

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67061.07

Forgiveness Date

04/14/2021

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