PPP Loan information for Advanced mechanical corp

$473,225

Advanced mechanical corp was initially approved for PPP Loan of amount $473,225, the current approved amount is $473,225. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 12 jobs and $473,225 was used to fund payroll.

Advanced mechanical corp is Existing or more than 2 years old

PPP Loan Search / NJ / PASSAIC / Advanced mechanical corp

ADVANCED MECHANICAL CORP

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ADVANCED MECHANICAL CORP

Borrower Address

9 FALSTROM CT

Borrower City

PASSAIC

Borrower State

NJ

Borrower Zip

07055

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473225.00

Current Approval Amount

473225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PASSAIC

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-0001

CD

NJ-09

Jobs Reported

12

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

432739.00

Mortgage Interest Proceed

0.00

Rent Proceed

33000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7486.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

478171.78

Forgiveness Date

05/21/2021

;