ACCURATE DIAMOND TOOL CORP (NJ) - 2020 PPP Loan Borrower Profile (# 2562217108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCURATE DIAMOND TOOL CORP. 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

2562217108

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$287,093.25

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$289,055.05

Date Loan was Forgiven

Dec 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

287,093.25

Lender

Valley National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

333515

Borrower Location

EMERSON, NJ

Project Location

EMERSON, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.