Townsend Leather Company Inc.

$1,689,159 PPP Loan in Johnstown, New York

Loan Details

Loan Number
1288407108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,689,159
Current Approval
$1,689,159
Forgiveness Amount
$1,703,598
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Townsend Leather Company Inc.
Address
45-49 Townsend Ave. 0.0
ZIP Code
12095-0661
Business Type
Corporation
Industry (NAICS)
Manufacturing (316110)
Business Age
Existing or more than 2 years old
Jobs Reported
157
Estimated Revenue
$55.4M
Rural/Urban
Rural
Congressional District
NY-21

Loan Use Breakdown

Payroll
$1,340,000
Rent
$65,000
Utilities
$94,959
Health Care
$155,200
Debt Interest
$34,000

Lender Information

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

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