PPP Loan information for Ajm contractors inc

$377,500

Ajm contractors inc was initially approved for PPP Loan of amount $377,500, the current approved amount is $377,500. The loan was approved on 02/03/2021 by The Valley National Bank reported 25 jobs and $377,500 was used to fund payroll.

Ajm contractors inc is Existing or more than 2 years old

PPP Loan Search / NJ / Clifton / Ajm contractors inc

AJM CONTRACTORS INC

Date Approved

02/03/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AJM CONTRACTORS INC

Borrower Address

300 Kuller Rd

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07011-2861

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

377500.00

Current Approval Amount

377500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07011-2861

CD

NJ-09

Jobs Reported

25

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

377495.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

380257.85

Forgiveness Date

10/26/2021

;