Garvey Corporation

$1,241,700 PPP Loan in Blue Anchor, New Jersey

Loan Details

Loan Number
1823677209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,241,700
Current Approval
$1,241,700
Forgiveness Amount
$1,252,416
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Garvey Corporation
Address
208 S Route 73
ZIP Code
08037
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333922)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$19.1M
Rural/Urban
Urban
Congressional District
NJ-02

Loan Use Breakdown

Payroll
$1,030,200
Rent
$22,000
Utilities
$22,000
Health Care
$140,000
Mortgage Interest
$27,500

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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