Monmouth Controls & Instrument Co., Inc.

$610,297 PPP Loan in Raritan, New Jersey

Loan Details

Loan Number
8115057103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$610,297
Current Approval
$610,297
Forgiveness Amount
$616,835
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monmouth Controls & Instrument Co., Inc.
Address
105 Sherman Avenue
ZIP Code
08869
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.0M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$534,708
Rent
$9,405
Utilities
$7,000
Health Care
$59,184

Lender Information

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

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