Obar Systems INC

$203,330 PPP Loan in Newfoundland, New Jersey

Loan Details

Loan Number
2723737200
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$203,330
Current Approval
$203,330
Forgiveness Amount
$206,031
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Obar Systems INC
Address
2969 State Rt 23
ZIP Code
07435
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$170,280
Rent
$4,000
Utilities
$300
Health Care
$28,750

Lender Information

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

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