PPP Loan information for General machine company of new jersey inc

$305,263

General machine company of new jersey inc was initially approved for PPP Loan of amount $305,263, the current approved amount is $305,263. The loan was approved on 03/23/2021 by The Bank of America, National Association reported 13 jobs and $305,263 was used to fund payroll.

General machine company of new jersey inc is Existing or more than 2 years old

GENERAL MACHINE COMPANY OF NEW JERSEY INC

Date Approved

03/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

GENERAL MACHINE COMPANY OF NEW JERSEY INC

Borrower Address

301 Smalley Ave

Borrower City

Middlesex

Borrower State

NJ

Borrower Zip

08846-2232

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305263.00

Current Approval Amount

305263.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Middlesex

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08846-2232

CD

NJ-12

Jobs Reported

13

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

305257.00

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

Limited Liability Partnership

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

308424.35

Forgiveness Date

04/07/2022

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