PPP Loan information for M & r distribution llc

$150,000

M & r distribution llc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 01/21/2021 by The Santander Bank, National Association reported 30 jobs and $150,000 was used to fund payroll.

M & r distribution llc is Existing or more than 2 years old

M & R DISTRIBUTION LLC

Date Approved

01/21/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

M & R DISTRIBUTION LLC

Borrower Address

110 East 27th Streer

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07514

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07514

CD

NJ-09

Jobs Reported

30

NAICS Code

488490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150632.88

Forgiveness Date

06/30/2021

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