Arctic Falls Spring Water INC

$410,827 PPP Loan in Cedar Grove, New Jersey

Loan Details

Loan Number
1372607700
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$410,827
Current Approval
$410,827
Forgiveness Amount
$416,821
Forgiveness Date
Oct 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arctic Falls Spring Water INC
Address
58 Sand Park Road
ZIP Code
07009
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561990)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$328,661
Rent
$31,000
Utilities
$5,366
Health Care
$38,000
Debt Interest
$7,800

Lender Information

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

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