Fmb Systems INC

$1,494,700 PPP Loan in Harrison, New Jersey

Loan Details

Loan Number
5965867102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,494,700
Current Approval
$1,494,700
Forgiveness Amount
$1,510,712
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fmb Systems INC
Address
70 Supor Blvd Ste 707
ZIP Code
07029
Business Type
Corporation
Industry (NAICS)
Manufacturing (332323)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$13.7M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$1,071,025
Rent
$138,000
Utilities
$20,000
Health Care
$50,000
Debt Interest
$215,675

Lender Information

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

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