Advanced Mechanical Corp

$473,225 PPP Loan in Passaic, New Jersey

Loan Details

Loan Number
1436307704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$473,225
Current Approval
$473,225
Forgiveness Amount
$478,172
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Mechanical Corp
Address
9 Falstrom Ct
ZIP Code
07055
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$432,739
Rent
$33,000
Health Care
$7,486

Lender Information

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

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