Michael James Industries, Inc.

$960,375 PPP Loan in Ronkonkoma, New York

Loan Details

Loan Number
1724097707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$960,375
Current Approval
$960,375
Forgiveness Amount
$966,911
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michael James Industries, Inc.
Address
11 Drew Court
ZIP Code
11779
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
NY-01

Loan Use Breakdown

Payroll
$920,000
Rent
$31,875
Utilities
$8,500

Lender Information

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

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