PPP Loan information for Newark carting inc

$39,100

Newark carting inc was initially approved for PPP Loan of amount $134,000, the current approved amount is $39,100. The loan was approved on 04/06/2020 by The Magyar Bank reported 3 jobs and $39,100 was used to fund payroll.

Newark carting inc is Existing or more than 2 years old

NEWARK CARTING INC

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK CARTING INC

Borrower Address

1316 ROGER AVE

Borrower City

BRIDGEWATER

Borrower State

NJ

Borrower Zip

08807-1234

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134000.00

Current Approval Amount

39100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGEWATER

Project County Name

SOMERSET

Project State

NJ

Project Zip

08807-1234

CD

NJ-07

Jobs Reported

3

NAICS Code

562111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39100.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

39565.94

Forgiveness Date

07/15/2021

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