Garden State Engine & Equipment Company INC

$415,545 PPP Loan in Somerville, New Jersey

Loan Details

Loan Number
5429827108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$415,545
Current Approval
$415,545
Forgiveness Amount
$418,639
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Garden State Engine & Equipment Company INC
Address
3509 Rt 22 East
ZIP Code
08876
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.7M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$400,991
Utilities
$14,554

Lender Information

Servicing Lender
Unity Bank
Originating Lender
Unity Bank

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