Michael Aram INC

$1,021,710 PPP Loan in North Bergen, New Jersey

Loan Details

Loan Number
3104057105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,021,710
Current Approval
$1,021,710
Forgiveness Amount
$1,037,897
Forgiveness Date
Nov 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michael Aram INC
Address
2102 83rd Street 0.0
ZIP Code
07047-2010
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (442299)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$685,000
Utilities
$31,710
Health Care
$85,000
Mortgage Interest
$220,000

Lender Information

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

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