PPP Loan information for Machinery services corp

$943,298

Machinery services corp was initially approved for PPP Loan of amount $943,298, the current approved amount is $943,298. The loan was approved on 04/06/2020 by The JPMorgan Chase Bank, National Association reported 45 jobs and $943,298 was used to fund payroll.

Machinery services corp is Existing or more than 2 years old

MACHINERY SERVICES CORP

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MACHINERY SERVICES CORP

Borrower Address

285 Straight Street

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07509

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

943298.00

Current Approval Amount

943298.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07509-0103

CD

NJ-09

Jobs Reported

45

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10463.00

Payroll Proceed

751908.00

Mortgage Interest Proceed

0.00

Rent Proceed

50902.00

Refinance EIDL Proceed

0.00

Health Care Proceed

130025.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

951001.60

Forgiveness Date

02/02/2021

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