Rainforest Distribution Corp.

$1,614,177 PPP Loan in Bayonne, New Jersey

Loan Details

Loan Number
1590987707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,614,177
Current Approval
$1,614,177
Forgiveness Amount
$1,632,193
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainforest Distribution Corp.
Address
20 Pulaski St Ste a
ZIP Code
07002
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424820)
Business Age
Existing or more than 2 years old
Jobs Reported
145
Estimated Revenue
$37.3M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$1,452,760
Rent
$108,074
Utilities
$10,610
Debt Interest
$42,733

Lender Information

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

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