Source Mantra INC

$900,477 PPP Loan in South Plainfield, New Jersey

Loan Details

Loan Number
9408607100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$900,477
Current Approval
$900,477
Forgiveness Amount
$909,284
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Source Mantra INC
Address
295 Durham Avenue Suite 201
ZIP Code
07080
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$832,560
Rent
$7,600
Utilities
$5,500
Health Care
$23,817
Debt Interest
$31,000

Lender Information

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

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