Becht Engineering Co. INC

$6,625,000 PPP Loan in Liberty Corner, New Jersey

Loan Details

Loan Number
1009117102
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$6,625,000
Current Approval
$6,625,000
Forgiveness Amount
$6,703,090
Forgiveness Date
Jun 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Becht Engineering Co. INC
Address
Po Box 300, 22 Church Street 0.0
ZIP Code
07938-0253
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
325
Estimated Revenue
$40.1M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$5,850,000
Rent
$130,000
Utilities
$30,000
Health Care
$615,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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