Alro Machine Tool & Die Co INC

$186,820 PPP Loan in Lindenhurst, New York

Loan Details

Loan Number
1242967705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$186,820
Current Approval
$186,820
Forgiveness Amount
$189,012
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alro Machine Tool & Die Co INC
Address
585 W Hoffman Ave
ZIP Code
11757
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$116,448
Rent
$20,000
Utilities
$17,364
Health Care
$33,008

Lender Information

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

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