Matrix New World Engineering

$3,258,540 PPP Loan in Florham Park, New Jersey

Loan Details

Loan Number
8140917103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,258,540
Current Approval
$3,258,540
Forgiveness Amount
$3,295,946
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Matrix New World Engineering
Address
26 Columbia Turnpike
ZIP Code
07932
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$24.7M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$2,822,540
Rent
$185,000
Utilities
$7,000
Health Care
$226,000
Debt Interest
$18,000

Lender Information

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

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