Armac INC

$350,000 PPP Loan in Florham Park, New Jersey

Loan Details

Loan Number
5499297208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$350,000
Current Approval
$350,000
Forgiveness Amount
$354,025
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Armac INC
Address
71 Passaic Ave
ZIP Code
07932
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$262,500
Utilities
$43,750
Mortgage Interest
$43,750

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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