Orchard Yarn and Thread Company INC
$1,458,575 PPP Loan in Carlstadt, New Jersey
Loan Details
- Loan Number
- 1028267107
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,458,575
- Current Approval
- $1,458,575
- Forgiveness Amount
- $1,477,038
- Forgiveness Date
- Jul 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Orchard Yarn and Thread Company INC
- Address
- 135 Kero Road 0.0
- City
- Carlstadt
- State
- New Jersey
- ZIP Code
- 07072-2601
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 101
- Estimated Revenue
- $26.0M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $1,166,860
- Rent
- $200,000
- Utilities
- $16,715
- Health Care
- $75,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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