PPP Loan information for National machinery exchange inc

$220,715

National machinery exchange inc was initially approved for PPP Loan of amount $220,715, the current approved amount is $220,715. The loan was approved on 02/12/2021 by The Readycap Lending, LLC reported 11 jobs and $220,715 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

02/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NATIONAL MACHINERY EXCHANGE INC

Borrower Address

158 Paris St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105-3829

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220715.00

Current Approval Amount

220715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

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

07105-3829

CD

NJ-08

Jobs Reported

11

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220714.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222813.30

Forgiveness Date

02/01/2022

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