PPP Loan information for Armel electronics inc.

$148,445

Armel electronics inc. was initially approved for PPP Loan of amount $148,445, the current approved amount is $148,445. The loan was approved on 02/17/2021 by The JPMorgan Chase Bank, National Association reported 16 jobs and $148,445 was used to fund payroll.

Armel electronics inc. is Existing or more than 2 years old

PPP Loan Search / NJ / North Bergen / Armel electronics inc.

ARMEL ELECTRONICS INC.

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ARMEL ELECTRONICS INC.

Borrower Address

1601 75th St Armel Electronics Inc

Borrower City

North Bergen

Borrower State

NJ

Borrower Zip

07047-4046

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148445.00

Current Approval Amount

148445.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Bergen

Project County Name

HUDSON

Project State

NJ

Project Zip

07047-4046

CD

NJ-08

Jobs Reported

16

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148445.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149681.55

Forgiveness Date

12/22/2021

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