PPP Loan information for Microcast technologies corp

$1,132,106

Microcast technologies corp was initially approved for PPP Loan of amount $1,132,106, the current approved amount is $1,132,106. The loan was approved on 02/06/2021 by The Lakeland Bank reported 136 jobs and $1,132,106 was used to fund payroll.

Microcast technologies corp is Existing or more than 2 years old

PPP Loan Search / NJ / Linden / Microcast technologies corp

MICROCAST TECHNOLOGIES CORP

Date Approved

02/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MICROCAST TECHNOLOGIES CORP

Borrower Address

1611 W Elizabeth Ave

Borrower City

Linden

Borrower State

NJ

Borrower Zip

07036-6342

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1132105.65

Current Approval Amount

1132105.65

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

Linden

Project County Name

UNION

Project State

NJ

Project Zip

07036-6342

CD

NJ-07

Jobs Reported

136

NAICS Code

331523

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1132100.65

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

1140785.13

Forgiveness Date

11/16/2021

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