Allied Converters INC

$164,980 PPP Loan in New Rochelle, New York

Loan Details

Loan Number
2341867710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$164,980
Current Approval
$164,980
Forgiveness Amount
$165,941
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Allied Converters INC
Address
Po Box 548
ZIP Code
10802
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326111)
Business Age
Existing or more than 2 years old
Jobs Reported
160
Estimated Revenue
$158.7M
Rural/Urban
Urban
Congressional District
NY-16

Loan Use Breakdown

Payroll
$140,000
Rent
$18,000
Utilities
$3,980
Debt Interest
$3,000

Lender Information

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

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