PPP Loan information for National machinery exchange, inc.

$217,600

National machinery exchange, inc. was initially approved for PPP Loan of amount $217,600, the current approved amount is $217,600. The loan was approved on 04/15/2020 by The Customers Bank reported 12 jobs and $217,600 was used to fund payroll.

National machinery exchange, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / National machinery exchange, inc.

NATIONAL MACHINERY EXCHANGE, INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NATIONAL MACHINERY EXCHANGE, INC.

Borrower Address

158 Paris Street

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217600.00

Current Approval Amount

217600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-0001

CD

NJ-08

Jobs Reported

12

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

217600.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

218702.90

Forgiveness Date

11/03/2020

;