PPP Loan information for Reh tek machine company

$108,900

Reh tek machine company was initially approved for PPP Loan of amount $108,900, the current approved amount is $108,900. The loan was approved on 04/27/2020 by The Magyar Bank reported 12 jobs and $108,900 was used to fund payroll.

Reh tek machine company is Existing or more than 2 years old

PPP Loan Search / NJ / PASSAIC / Reh tek machine company

REH TEK MACHINE COMPANY

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

REH TEK MACHINE COMPANY

Borrower Address

135 MONROE ST

Borrower City

PASSAIC

Borrower State

NJ

Borrower Zip

07055-6513

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108900.00

Current Approval Amount

108900.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PASSAIC

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-6513

CD

NJ-09

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108900.00

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

Non-Veteran

Non Profit

Forgiveness Amount

110231.00

Forgiveness Date

07/20/2021

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