Mclaren Technical Services, Inc. Esop Trust

$4,626,072 PPP Loan in Woodcliff Lake, New Jersey

Loan Details

Loan Number
9325057106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$4,626,072
Current Approval
$4,626,072
Forgiveness Amount
$4,687,542
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mclaren Technical Services, Inc. Esop Trust
Address
530 Chestnut Ridge Road
ZIP Code
07677
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
240
Estimated Revenue
$29.6M
Rural/Urban
Urban
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$3,706,072
Rent
$385,000
Utilities
$35,000
Health Care
$380,000
Debt Interest
$120,000

Lender Information

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

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