ADVANCED MECHANICAL SERVICE (NJ) - 2020 PPP Loan Borrower Profile (# 1067517701)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANCED MECHANICAL SERVICE. 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
1067517701
SBA Office Code
0299
Processing Method
PPP
Curent Loan Amount
$125,440
Date Loan was Approved
May 1, 2020
Amount Forgiven
$127,202.01
Date Loan was Forgiven
Oct 4, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
3,039
Payroll Proced
107,943
Rent Proceed
9,000
Health Care Proceed
3,264
Debt Interest Proceed
2,194
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
238220
Borrower Location
RIDGEFIELD, NJ
Project Location
RIDGEFIELD, NJ
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.