PPP Loan information for Mvn associates inc

$875,000

Mvn associates inc was initially approved for PPP Loan of amount $875,000, the current approved amount is $875,000. The loan was approved on 02/20/2021 by The Valley National Bank reported 25 jobs and $875,000 was used to fund payroll.

Mvn associates inc is Existing or more than 2 years old

PPP Loan Search / NJ / Elizabeth / Mvn associates inc

MVN ASSOCIATES INC

Date Approved

02/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MVN ASSOCIATES INC

Borrower Address

330 S Front St

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07202-3009

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

875000.00

Current Approval Amount

875000.00

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

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07202-3009

CD

NJ-08

Jobs Reported

25

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

874997.00

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

Unanswered

Non Profit

Forgiveness Amount

879083.33

Forgiveness Date

08/10/2021

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