# PPP loan: JERSEY SHEET METAL & MACHINE INC
> **$382K** approved 05/01/2020 · Paid in Full · Loan `2253967705`
## Borrower
- **Name:** JERSEY SHEET METAL & MACHINE INC
- **Address:** 90 E DICKERSON ST, DOVER, NJ, 07801
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Utilities:** $7K
- **Health care:** $50K
- **Jobs reported:** 24
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*