Applab Systems INC

$1,959,200 PPP Loan in South Plainfield, New Jersey

Loan Details

Loan Number
4992188303
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$1,959,200
Current Approval
$1,959,200
Forgiveness Amount
$1,970,043
Forgiveness Date
Aug 18, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Applab Systems INC
Address
4041 Hadley Rd Ste a
ZIP Code
07080-1111
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$21.7M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$1,959,198
Utilities
$1

Lender Information

Servicing Lender
Washington Trust Bank
Originating Lender
Washington Trust Bank

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