PPP Loan information for Source mantra inc

$900,477

Source mantra inc was initially approved for PPP Loan of amount $900,477, the current approved amount is $900,477. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 45 jobs and $900,477 was used to fund payroll.

Source mantra inc is Existing or more than 2 years old

PPP Loan Search / NJ / South Plainfield / Source mantra inc

SOURCE MANTRA INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOURCE MANTRA INC

Borrower Address

295 Durham Avenue Suite 201

Borrower City

South Plainfield

Borrower State

NJ

Borrower Zip

07080

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900477.00

Current Approval Amount

900477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Plainfield

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-0001

CD

NJ-06

Jobs Reported

45

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5500.00

Payroll Proceed

832560.00

Mortgage Interest Proceed

0.00

Rent Proceed

7600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23817.00

Debt Interest Proceed

31000

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

909284.41

Forgiveness Date

04/15/2021

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