PPP Loan information for Armac inc

$350,000

Armac inc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 04/27/2020 by The Fulton Bank, National Association reported 24 jobs and $350,000 was used to fund payroll.

Armac inc is Existing or more than 2 years old

PPP Loan Search / NJ / Florham Park / Armac inc

ARMAC INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARMAC INC

Borrower Address

71 Passaic ave

Borrower City

Florham Park

Borrower State

NJ

Borrower Zip

07932

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

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

07932-0001

CD

NJ-11

Jobs Reported

24

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

43750.00

Payroll Proceed

262500.00

Mortgage Interest Proceed

43750.00

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

354025.00

Forgiveness Date

06/17/2021

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