Mack Boring and Parts Co.
$852,410 PPP Loan in Somerset, New Jersey
Loan Details
- Loan Number
- 3879757109
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $852,410
- Current Approval
- $852,410
- Forgiveness Amount
- $857,927
- Forgiveness Date
- Dec 15, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mack Boring and Parts Co.
- Address
- 245 Belmont Drive
- City
- Somerset
- State
- New Jersey
- ZIP Code
- 08873-1217
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 51
- Estimated Revenue
- $15.6M
- Rural/Urban
- Urban
- Congressional District
- NJ-12
Loan Use Breakdown
- Payroll
- $702,160
- Rent
- $77,550
- Utilities
- $8,000
- Health Care
- $64,700
Lender Information
- Servicing Lender
- Unity Bank
- Originating Lender
- Unity Bank
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