Mbe Mark III Electric, INC

$633,240 PPP Loan in Madison, New Jersey

Loan Details

Loan Number
9348597107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$633,240
Current Approval
$633,240
Forgiveness Amount
$640,909
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mbe Mark III Electric, INC
Address
213 Main St
ZIP Code
07940
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$474,930
Utilities
$158,310

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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