Flexbar Machine Corporation DBA Mediflex

$485,157 PPP Loan in Islandia, New York

Loan Details

Loan Number
2807397202
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$485,157
Current Approval
$485,157
Forgiveness Amount
$490,057
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Flexbar Machine Corporation DBA Mediflex
Address
250 Gibbs Rd
ZIP Code
11749
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339113)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$9.5M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$388,126
Rent
$41,577
Utilities
$18,691
Health Care
$30,903
Debt Interest
$5,860

Lender Information

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

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