Papp Iron Works, INC

$640,000 PPP Loan in Plainfield, New Jersey

Loan Details

Loan Number
7588807000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$640,000
Current Approval
$640,000
Forgiveness Amount
$648,627
Forgiveness Date
Aug 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Papp Iron Works, INC
Address
950 South 2nd Street
ZIP Code
07063-1302
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238120)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$640,000

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Oceanfirst Bank, National Association

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