Staff Management Group

$10,000,000 PPP Loan in Edison, New Jersey

Loan Details

Loan Number
5073017208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,111,944
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Staff Management Group
Address
314 Campus Drive
City
Edison
ZIP Code
08837
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Administrative and Support and Waste Management (561311)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$78.7M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$9,880,000
Rent
$100,000
Utilities
$20,000

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank, National Association

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