PPP Loan information for Microcast technologies corporation

$1,234,553

Microcast technologies corporation was initially approved for PPP Loan of amount $1,234,553, the current approved amount is $1,234,553. The loan was approved on 04/27/2020 by The Lakeland Bank reported 118 jobs and $1,234,553 was used to fund payroll.

Microcast technologies corporation is Existing or more than 2 years old

PPP Loan Search / NJ / LINDEN / Microcast technologies corporation

MICROCAST TECHNOLOGIES CORPORATION

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MICROCAST TECHNOLOGIES CORPORATION

Borrower Address

1611 W Elizabeth Ave

Borrower City

LINDEN

Borrower State

NJ

Borrower Zip

07036

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1234552.50

Current Approval Amount

1234552.50

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

07036-0001

CD

NJ-10

Jobs Reported

118

NAICS Code

331524

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1234552.50

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

1244600.39

Forgiveness Date

02/25/2021

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