Vermes Machine Co., Inc.
$716,500 PPP Loan in Moorestown, New Jersey
Loan Details
- Loan Number
- 4997707002
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $716,500
- Current Approval
- $697,000
- Forgiveness Amount
- $700,950
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Vermes Machine Co., Inc.
- Address
- 351 Cider Ave
- City
- Moorestown
- State
- New Jersey
- ZIP Code
- 08057-1238
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 39
- Estimated Revenue
- $9.5M
- Rural/Urban
- Urban
- Congressional District
- NJ-03
Loan Use Breakdown
- Payroll
- $697,000
Lender Information
- Servicing Lender
- Mid Penn Bank
- Originating Lender
- Mid Penn Bank
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