Atlantic Electric Motor Repair Company, Inc.
$407,790 PPP Loan in North Arlington, New Jersey
Loan Details
- Loan Number
- 2708217308
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $407,790
- Current Approval
- $407,790
- Forgiveness Amount
- $412,921
- Forgiveness Date
- Aug 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Atlantic Electric Motor Repair Company, Inc.
- Address
- 11 Ewing Avenue
- City
- North Arlington
- State
- New Jersey
- ZIP Code
- 07031
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811211)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $5.7M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $407,790
Lender Information
- Servicing Lender
- Hanover Community Bank
- Originating Lender
- Hanover Community Bank
Other PPP Loans in North Arlington, NJ
| Business | Approved | |
|---|---|---|
| Munoz Trucking Corp. | $2,987,995 | |
| Munoz Trucking Corp | $2,000,000 | |
| Bullet Electric INC | $1,778,271 | |
| Meadowlands Area Ymca | $980,478 | |
| Delta Interior Construction Inc. | $896,977 |
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