Armel Electronics, INC
$230,073 PPP Loan in North Bergen, New Jersey
Loan Details
- Loan Number
- 8373287105
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $230,073
- Current Approval
- $230,073
- Forgiveness Amount
- $231,895
- Forgiveness Date
- Feb 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Armel Electronics, INC
- Address
- 1601 75th St
- City
- North Bergen
- State
- New Jersey
- ZIP Code
- 07047
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334419)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NJ-08
Loan Use Breakdown
- Payroll
- $212,653
- Rent
- $8,000
- Utilities
- $4,228
- Health Care
- $5,192
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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