Elegant Headwear Co., Inc.

$958,280 PPP Loan in Elizabeth, New Jersey

Loan Details

Loan Number
1001767104
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$958,280
Current Approval
$958,280
Forgiveness Amount
$969,967
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elegant Headwear Co., Inc.
Address
1000 Jefferson Avenue 0.0
ZIP Code
07201-1307
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (315190)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$691,280
Rent
$142,000
Utilities
$20,000
Health Care
$53,000
Debt Interest
$52,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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