New Era Converting Machinery, Inc.

$1,458,783 PPP Loan in Paterson, New Jersey

Loan Details

Loan Number
8223527001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,458,783
Current Approval
$1,458,783
Forgiveness Amount
$1,468,454
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New Era Converting Machinery, Inc.
Address
235 Mclean Blvd
ZIP Code
07504-1235
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$22.3M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$1,458,783

Lender Information

Servicing Lender
Columbia Bank
Originating Lender
Columbia Bank

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