Rema Foods, Inc.

$1,976,600 PPP Loan in Englewood Cliffs, New Jersey

Loan Details

Loan Number
2707307102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,976,600
Current Approval
$1,976,600
Forgiveness Amount
$1,999,307
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rema Foods, Inc.
Address
140 Sylvan Ave 0.0
ZIP Code
07632-2514
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424490)
Business Age
Existing or more than 2 years old
Jobs Reported
108
Estimated Revenue
$27.8M
Rural/Urban
Urban
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$1,312,450
Rent
$359,150
Utilities
$35,000
Health Care
$170,000
Mortgage Interest
$100,000

Lender Information

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

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