Marine Electric Systems, Inc.
$441,967 PPP Loan in South Hackensack, New Jersey
Loan Details
- Loan Number
- 4212347307
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $441,967
- Current Approval
- $441,967
- Forgiveness Amount
- $445,699
- Forgiveness Date
- Mar 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Marine Electric Systems, Inc.
- Address
- 80 Wesley St
- City
- South Hackensack
- State
- New Jersey
- ZIP Code
- 07606-1510
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (334516)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $8.4M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $389,967
- Rent
- $42,000
- Utilities
- $10,000
Lender Information
- Servicing Lender
- Merchants & Marine Bank
- Originating Lender
- Mississippi River Bank, a Division of Merchants and Marine Bank
Other PPP Loans in South Hackensack, NJ
| Business | Approved | |
|---|---|---|
| Dora's Naturals INC | $3,550,000 |  AI Deep Dive |
| Boswell Engineering, Inc. | $3,534,217 | AI Deep Dive |
| Gma Accessories Inc. | $2,247,949 | AI Deep Dive |
| Bind-Rite Services INC | $2,241,597 | AI Deep Dive |
| Modernfold -Styles INC | $2,059,967 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free