PPP Loan information for Multy electronics inc

$35,540

Multy electronics inc was initially approved for PPP Loan of amount $35,540, the current approved amount is $35,540. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $35,540 was used to fund payroll.

Multy electronics inc is New Business or 2 years or less

PPP Loan Search / NJ / CLOSTER / Multy electronics inc

MULTY ELECTRONICS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MULTY ELECTRONICS INC

Borrower Address

358 RUCKMAN RD

Borrower City

CLOSTER

Borrower State

NJ

Borrower Zip

07624-2327

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35540.00

Current Approval Amount

35540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CLOSTER

Project County Name

BERGEN

Project State

NJ

Project Zip

07624-2327

CD

NJ-05

Jobs Reported

3

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35540.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35907.08

Forgiveness Date

05/14/2021

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