Northeast Remsco Construction, Inc.
$7,683,297 PPP Loan in Farmingdale, New Jersey
Loan Details
- Loan Number
- 8762027101
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $7,683,297
- Current Approval
- $7,683,297
- Forgiveness Amount
- $7,830,648
- Forgiveness Date
- Mar 24, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Northeast Remsco Construction, Inc.
- Address
- 1433 Hwy 34 South B1
- City
- Farmingdale
- State
- New Jersey
- ZIP Code
- 07727
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (237110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 252
- Estimated Revenue
- $78.1M
- Rural/Urban
- Urban
- Congressional District
- NJ-04
Loan Use Breakdown
- Payroll
- $6,880,297
- Rent
- $145,000
- Utilities
- $118,000
- Health Care
- $400,000
- Debt Interest
- $140,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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