Phillips Precision Inc.

$2,000,000 PPP Loan in Elmwood Park, New Jersey

Loan Details

Loan Number
8680028409
Date Approved
Feb 13, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,016,823
Forgiveness Date
Dec 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Phillips Precision Inc.
Address
7 Paul Kohner Pl
ZIP Code
07407-2614
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
180
Estimated Revenue
$50.3M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$1,999,998

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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