Absecon Electric Motor Works, Inc.
$65,825 PPP Loan in Absecon, New Jersey
Loan Details
- Loan Number
- 5383187110
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $65,825
- Current Approval
- $65,825
- Forgiveness Amount
- $66,529
- Forgiveness Date
- May 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Absecon Electric Motor Works, Inc.
- Address
- 500 White Horse Pike
- City
- Absecon
- State
- New Jersey
- ZIP Code
- 08201-2429
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 5
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NJ-02
Loan Use Breakdown
- Payroll
- $65,825
Lender Information
- Servicing Lender
- The First National Bank of Absecon
- Originating Lender
- The First National Bank of Absecon
Other PPP Loans in Absecon, NJ
| Business | Approved | |
|---|---|---|
| Hispanic Ventures INC | $2,011,400 | |
| Hispanic Ventures INC | $1,957,642 | |
| Hebrew Old Age Center | $1,871,957 | |
| Just Four Wheels INC | $999,200 | |
| Cirignano Contracting INC | $921,811 |
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