PPP Loan information for Responsive automotive systems, inc

$53,100

Responsive automotive systems, inc was initially approved for PPP Loan of amount $448,900, the current approved amount is $53,100. The loan was approved on 04/08/2020 by The Magyar Bank reported 2 jobs and $53,100 was used to fund payroll.

Responsive automotive systems, inc is Existing or more than 2 years old

PPP Loan Search / NJ / MONTVILLE / Responsive automotive systems, inc

RESPONSIVE AUTOMOTIVE SYSTEMS, INC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RESPONSIVE AUTOMOTIVE SYSTEMS, INC

Borrower Address

150 RIVER RD

Borrower City

MONTVILLE

Borrower State

NJ

Borrower Zip

07045-8916

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448900.00

Current Approval Amount

53100.00

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

MONTVILLE

Project County Name

MORRIS

Project State

NJ

Project Zip

07045-8916

CD

NJ-11

Jobs Reported

2

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17700.00

Payroll Proceed

17700.00

Mortgage Interest Proceed

0.00

Rent Proceed

17700.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53734.25

Forgiveness Date

07/02/2021

;