The Folsom Corporation

$2,121,570 PPP Loan in Mahwah, New Jersey

Loan Details

Loan Number
2177627106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,121,570
Current Approval
$2,121,570
Forgiveness Amount
$2,154,259
Forgiveness Date
Oct 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Folsom Corporation
Address
43 Mckee Drive 0.0
City
Mahwah
ZIP Code
07430-2122
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423910)
Business Age
Existing or more than 2 years old
Jobs Reported
290
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$1,799,346
Rent
$144,352
Utilities
$23,872
Health Care
$154,000

Lender Information

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

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