M&l Power Systems Maintenance, Inc.

$285,700 PPP Loan in Old Bridge Township, New Jersey

Loan Details

Loan Number
1452067203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$285,700
Current Approval
$285,700
Forgiveness Amount
$289,418
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M&l Power Systems Maintenance, Inc.
Address
109 White Oak Lane Suite 82
ZIP Code
08857
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.2M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$235,376
Rent
$8,488
Utilities
$5,836
Health Care
$36,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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