Motors& Armatures, INC
$2,193,755 PPP Loan in Hauppauge, New York
Loan Details
- Loan Number
- 2016507104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,193,755
- Current Approval
- $2,193,755
- Forgiveness Amount
- $2,218,658
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Motors& Armatures, INC
- Address
- 250 Rabro Drive East
- City
- Hauppauge
- State
- New York
- ZIP Code
- 11788
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423730)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 149
- Estimated Revenue
- $45.6M
- Rural/Urban
- Urban
- Congressional District
- NY-01
Loan Use Breakdown
- Payroll
- $1,620,732
- Rent
- $326,067
- Utilities
- $49,570
- Health Care
- $157,122
- Mortgage Interest
- $40,264
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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