Music Express East, Inc.
$853,000 PPP Loan in Clifton, New Jersey
Loan Details
- Loan Number
- 7502137000
- Date Approved
- Apr 7, 2020
- Loan Status
- Exemption 4
- Initial Approval
- $853,000
- Current Approval
- $853,000
- Forgiveness Amount
- $425,540
- Forgiveness Date
- Oct 6, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Music Express East, Inc.
- Address
- 674 Clifton Ave
- City
- Clifton
- State
- New Jersey
- ZIP Code
- 07011-4233
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (485320)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 64
- Estimated Revenue
- $62.1M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $750,200
- Rent
- $35,800
- Utilities
- $6,200
- Health Care
- $58,000
- Debt Interest
- $2,800
Lender Information
- Servicing Lender
- City National Bank
- Originating Lender
- City National Bank
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