PPP Loan information for Amco enterprises inc

$462,192

Amco enterprises inc was initially approved for PPP Loan of amount $462,192, the current approved amount is $462,192. The loan was approved on 03/31/2021 by The Valley National Bank reported 39 jobs and $462,192 was used to fund payroll.

Amco enterprises inc is Existing or more than 2 years old

AMCO ENTERPRISES INC

Date Approved

03/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AMCO ENTERPRISES INC

Borrower Address

600 Swenson Dr

Borrower City

Kenilworth

Borrower State

NJ

Borrower Zip

07033-1325

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

462192.00

Current Approval Amount

462192.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kenilworth

Project County Name

UNION

Project State

NJ

Project Zip

07033-1325

CD

NJ-10

Jobs Reported

39

NAICS Code

238220

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

462186.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

465042.18

Forgiveness Date

11/10/2021

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