Jet Precision Metal Inc.

$589,915 PPP Loan in Hawthorne, New Jersey

Loan Details

Loan Number
9083797101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$589,915
Current Approval
$589,915
Forgiveness Amount
$593,083
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jet Precision Metal Inc.
Address
7 Schoon Avenue
ZIP Code
07506
Business Type
Corporation
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$471,932
Rent
$26,600
Utilities
$6,383
Health Care
$85,000

Lender Information

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

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