Phillips Precision, Inc.
$2,705,200 PPP Loan in Elmwood Park, New Jersey
Loan Details
- Loan Number
- 9328217003
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,705,200
- Current Approval
- $2,705,200
- Forgiveness Amount
- $2,737,602
- Forgiveness Date
- Jun 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Phillips Precision, Inc.
- Address
- 7 Paul Kohner Place 0.0
- City
- Elmwood Park
- State
- New Jersey
- ZIP Code
- 07407-3208
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 187
- Estimated Revenue
- $52.2M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $2,101,889
- Rent
- $66,667
- Utilities
- $60,716
- Health Care
- $175,928
- Mortgage Interest
- $300,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Elmwood Park, NJ
| Business | Approved | |
|---|---|---|
| Grant Industries, Inc. | $2,809,080 | |
| Ellkay, LLC | $2,533,540 | |
| Doctors Center Management Corporation | $2,420,253 | |
| Phillips Precision Inc. | $2,000,000 | |
| Cba Industries, INC | $1,707,500 |
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