PPP Loan information for Nasa machine tools inc

$120,000

Nasa machine tools inc was initially approved for PPP Loan of amount $120,000, the current approved amount is $120,000. The loan was approved on 01/25/2021 by The Valley National Bank reported 6 jobs and $120,000 was used to fund payroll.

Nasa machine tools inc is Existing or more than 2 years old

PPP Loan Search / NJ / Lincoln Park / Nasa machine tools inc

NASA MACHINE TOOLS INC

Date Approved

01/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NASA MACHINE TOOLS INC

Borrower Address

1 Frassetto Way Ste B

Borrower City

Lincoln Park

Borrower State

NJ

Borrower Zip

07035-2056

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120000.00

Current Approval Amount

120000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln Park

Project County Name

MORRIS

Project State

NJ

Project Zip

07035-2056

CD

NJ-11

Jobs Reported

6

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119997.00

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

Subchapter S 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

120736.67

Forgiveness Date

09/08/2021

;