PPP Loan information for Armac inc

$305,712

Armac inc was initially approved for PPP Loan of amount $305,712, the current approved amount is $305,712. The loan was approved on 02/20/2021 by The Fulton Bank, National Association reported 25 jobs and $305,712 was used to fund payroll.

Armac inc is Existing or more than 2 years old

ARMAC INC

Date Approved

02/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ARMAC INC

Borrower Address

71 Passaic Ave Null

Borrower City

Florham Park

Borrower State

NJ

Borrower Zip

07932-3040

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305712.00

Current Approval Amount

305712.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florham Park

Project County Name

MORRIS

Project State

NJ

Project Zip

07932-3040

CD

NJ-11

Jobs Reported

25

NAICS Code

812990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

305711.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

308191.20

Forgiveness Date

12/16/2021

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