Machinery Services Corp

$943,298 PPP Loan in Paterson, New Jersey

Loan Details

Loan Number
5911237008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$943,298
Current Approval
$943,298
Forgiveness Amount
$951,002
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Machinery Services Corp
Address
285 Straight Street
ZIP Code
07509
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$751,908
Rent
$50,902
Utilities
$10,463
Health Care
$130,025

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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