A.M.E. INC. (NJ) - 2020 PPP Loan Borrower Profile (# 7930567105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A.M.E. INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Jersey.

Loan Detail

Loan Number

7930567105

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$1,214,562

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$1,225,310.04

Date Loan was Forgiven

Mar 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,500

Payroll Proced

1,101,062

Mortgage Interest Proceed

Rent Proceed

10,000

Refinance EIDL Proceed

Health Care Proceed

101,000

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

Fairfield, NJ

Project Location

Fairfield, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.