ADVANTAGE CONTRACTING LLC (NJ) - 2020 PPP Loan Borrower Profile (# 8086637100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE CONTRACTING LLC. 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

8086637100

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$155,000

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$156,915.63

Date Loan was Forgiven

Jul 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,500

Payroll Proced

124,000

Mortgage Interest Proceed

12,000

Rent Proceed

9,000

Refinance EIDL Proceed

Health Care Proceed

6,500

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238350

Borrower Location

WAYNE, NJ

Project Location

WAYNE, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.