Power Magne-Tech Corp.
$155,000 PPP Loan in Perth Amboy, New Jersey
Loan Details
- Loan Number
- 2697187403
- Date Approved
- May 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $155,000
- Current Approval
- $155,000
- Forgiveness Amount
- $157,357
- Forgiveness Date
- Nov 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Power Magne-Tech Corp.
- Address
- 653 Sayre Ave
- City
- Perth Amboy
- State
- New Jersey
- ZIP Code
- 08861-3612
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (335311)
- Business Age
- Unanswered
- Jobs Reported
- 20
- Estimated Revenue
- $5.2M
- Rural/Urban
- Urban
- Congressional District
- NJ-06
Loan Use Breakdown
- Payroll
- $155,000
Lender Information
- Servicing Lender
- Bank of America, National Association
- Originating Lender
- Bank of America, National Association
Other PPP Loans in Perth Amboy, NJ
| Business | Approved | |
|---|---|---|
| Catholic Charities, Diocese of Metuc | $3,750,000 | |
| Metropolitan Warehouse & Delivery Corp | $3,276,165 | |
| Tropical Cheese Industries, Inc. | $3,109,575 | |
| Construction Resources Corp. of New York | $2,000,000 | |
| Excalibur Group L.l.c. | $1,789,568 |
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