PPP Loan information for Jet precision metal inc.

$589,915

Jet precision metal inc. was initially approved for PPP Loan of amount $589,915, the current approved amount is $589,915. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 44 jobs and $589,915 was used to fund payroll.

Jet precision metal inc. is Existing or more than 2 years old

JET PRECISION METAL INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

JET PRECISION METAL INC.

Borrower Address

7 Schoon Avenue

Borrower City

Hawthorne

Borrower State

NJ

Borrower Zip

07506

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

589915.00

Current Approval Amount

589915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hawthorne

Project County Name

PASSAIC

Project State

NJ

Project Zip

07506-1000

CD

NJ-09

Jobs Reported

44

NAICS Code

332119

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6383.00

Payroll Proceed

471932.00

Mortgage Interest Proceed

0.00

Rent Proceed

26600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

85000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

593082.76

Forgiveness Date

11/05/2020

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