PPP Loan information for Time mechanisms inc

$267,750

Time mechanisms inc was initially approved for PPP Loan of amount $267,750, the current approved amount is $267,750. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 30 jobs and $267,750 was used to fund payroll.

Time mechanisms inc is Existing or more than 2 years old

TIME MECHANISMS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TIME MECHANISMS INC

Borrower Address

45 west broad street

Borrower City

BERGENFIELD

Borrower State

NJ

Borrower Zip

07621

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267750.00

Current Approval Amount

267750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERGENFIELD

Project County Name

BERGEN

Project State

NJ

Project Zip

07621-0001

CD

NJ-05

Jobs Reported

30

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2800.00

Payroll Proceed

250550.00

Mortgage Interest Proceed

0.00

Rent Proceed

14400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271183.00

Forgiveness Date

08/19/2021

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