PPP Loan information for Mug rack inc

$37,235

Mug rack inc was initially approved for PPP Loan of amount $37,235, the current approved amount is $37,235. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 6 jobs and $37,235 was used to fund payroll.

Mug rack inc is Existing or more than 2 years old

MUG RACK INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MUG RACK INC

Borrower Address

70 West Veterans Highway

Borrower City

Jackson

Borrower State

NJ

Borrower Zip

08527

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37235.00

Current Approval Amount

37235.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

OCEAN

Project State

NJ

Project Zip

08527-0001

CD

NJ-04

Jobs Reported

6

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37235.00

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

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37756.29

Forgiveness Date

09/29/2021

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