Beverly Freight, Inc.

$367,500 PPP Loan in Paterson, New Jersey

Loan Details

Loan Number
2509577700
Date Approved
May 1, 2020
Loan Status
Charged Off
Initial Approval
$367,500
Current Approval
$237,500
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
6 months
Draw
First Draw

Business Information

Business Name
Beverly Freight, Inc.
Address
2300 E Higgins Rd 212
ZIP Code
07501
Business Type
Subchapter S Corporation
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$155,500
Rent
$20,000
Utilities
$15,000
Health Care
$20,000
Mortgage Interest
$12,000
Debt Interest
$15,000

Lender Information

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

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