Lamart Corporation

$2,654,565 PPP Loan in Clifton, New Jersey

Loan Details

Loan Number
7840637109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,654,565
Current Approval
$2,654,565
Forgiveness Amount
$2,684,674
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lamart Corporation
Address
16 Richmond Street
ZIP Code
07011
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
145
Estimated Revenue
$40.5M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$1,574,763
Rent
$186,482
Utilities
$207,272
Health Care
$459,148
Mortgage Interest
$24,738
Debt Interest
$202,162

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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