Packard Motor Car Co INC DBA Packard Ind

$510,710 PPP Loan in Boonton, New Jersey

Loan Details

Loan Number
2292157701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$510,710
Current Approval
$510,710
Forgiveness Amount
$518,148
Forgiveness Date
Oct 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Packard Motor Car Co INC DBA Packard Ind
Address
662 Myrtle Ave
ZIP Code
07005
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$408,568
Rent
$12,758
Utilities
$3,800
Health Care
$84,000
Debt Interest
$1,584

Lender Information

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

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