Blonder Tongue Laboratories, Inc.

$1,768,762 PPP Loan in Old Bridge, New Jersey

Loan Details

Loan Number
1379887107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,768,762
Current Approval
$1,768,762
Forgiveness Amount
$1,790,140
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Blonder Tongue Laboratories, Inc.
Address
One Jake Brown Road 0.0
ZIP Code
08857-1985
Business Type
Corporation
Industry (NAICS)
Manufacturing (334220)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$24.4M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$1,461,762
Rent
$200,000
Utilities
$35,000
Health Care
$32,000
Debt Interest
$40,000

Lender Information

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

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