PPP Loan information for Olmec systems inc

$754,655

Olmec systems inc was initially approved for PPP Loan of amount $754,655, the current approved amount is $754,655. The loan was approved on 04/14/2020 by The Lakeland Bank reported 48 jobs and $754,655 was used to fund payroll.

Olmec systems inc is Existing or more than 2 years old

PPP Loan Search / NJ / DENVILLE / Olmec systems inc

OLMEC SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OLMEC SYSTEMS INC

Borrower Address

85 Bloomfield Ave

Borrower City

DENVILLE

Borrower State

NJ

Borrower Zip

07834

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

754655.00

Current Approval Amount

754655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVILLE

Project County Name

MORRIS

Project State

NJ

Project Zip

07834-0001

CD

NJ-11

Jobs Reported

48

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

754655.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

748667.86

Forgiveness Date

11/03/2020

;