PPP Loan information for Michael aram inc

$1,021,710

Michael aram inc was initially approved for PPP Loan of amount $1,021,710, the current approved amount is $1,021,710. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 76 jobs and $1,021,710 was used to fund payroll.

Michael aram inc is Existing or more than 2 years old

MICHAEL ARAM INC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MICHAEL ARAM INC

Borrower Address

2102 83rd Street 0.0

Borrower City

North Bergen

Borrower State

NJ

Borrower Zip

07047-2010

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1021710.35

Current Approval Amount

1021710.00

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

North Bergen

Project County Name

HUDSON

Project State

NJ

Project Zip

07047-2010

CD

NJ-08

Jobs Reported

76

NAICS Code

442299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31710.00

Payroll Proceed

685000.00

Mortgage Interest Proceed

220000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

85000.00

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

1037897.29

Forgiveness Date

11/17/2021

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