Acme Gear Co INC

$504,625 PPP Loan in Englewood, New Jersey

Loan Details

Loan Number
1108347706
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$504,625
Current Approval
$504,625
Forgiveness Amount
$509,529
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Acme Gear Co INC
Address
130 W Forest Ave
ZIP Code
07631
Business Type
Corporation
Industry (NAICS)
Manufacturing (333612)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$11.0M
Rural/Urban
Urban
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$405,625
Rent
$48,000
Utilities
$15,000
Health Care
$36,000

Lender Information

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

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