# PPP loan: MGL FORMS-SYSTEMS, LLC
> **$155K** approved 04/15/2020 · Paid in Full · Loan `8954517100`
## Borrower
- **Name:** MGL FORMS-SYSTEMS, LLC
- **Address:** 154 SOUTH ST Suite 1, NEW PROVIDENCE, NJ, 07974-2933
- **NAICS:** 323111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 6
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*