Monmouth Marine Engines, Inc.

$127,200 PPP Loan in Brielle, New Jersey

Loan Details

Loan Number
3003507208
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$127,200
Current Approval
$127,200
Forgiveness Amount
$128,343
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monmouth Marine Engines, Inc.
Address
536 Union Lane
ZIP Code
08730
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811490)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-04

Loan Use Breakdown

Payroll
$116,350
Rent
$5,400
Utilities
$2,000
Health Care
$650
Debt Interest
$2,800

Lender Information

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

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