Medicraft, Inc.

$661,072 PPP Loan in Elmwood Park, New Jersey

Loan Details

Loan Number
1052987100
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$661,072
Current Approval
$661,072
Forgiveness Amount
$668,612
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Medicraft, Inc.
Address
7 Paul Kohner Place 0.0
ZIP Code
07407-3208
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$16.2M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$527,072
Rent
$56,000
Utilities
$24,000
Mortgage Interest
$54,000

Lender Information

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

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