# PPP loan: JEWEL PRECISION SHEET METAL AND MACHINE CO., INC
> **$590K** approved 04/27/2020 · Paid in Full · Loan `5016497205`
## Borrower
- **Name:** JEWEL PRECISION SHEET METAL AND MACHINE CO., INC
- **Address:** 200 Commerce Road, Cedar Grove, NJ, 07009-1209
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $596K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $590K
- **Jobs reported:** 49
## Lender
- **Originating:** Blue Foundry Bank
- **Servicing:** Blue Foundry Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*