Lincoln Electric Products Co. Inc.
$894,144 PPP Loan in Union, New Jersey
Loan Details
- Loan Number
- 1822987707
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $894,144
- Current Approval
- $894,144
- Forgiveness Amount
- $902,249
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lincoln Electric Products Co. Inc.
- Address
- 947 Lehigh Ave
- City
- Union
- State
- New Jersey
- ZIP Code
- 07083
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (335313)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 54
- Estimated Revenue
- $14.1M
- Rural/Urban
- Urban
- Congressional District
- NJ-10
Loan Use Breakdown
- Payroll
- $773,503
- Rent
- $75,000
- Utilities
- $9,000
- Health Care
- $36,641
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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