Polytech Fibers LLC

$849,612 PPP Loan in Chatsworth, Georgia

Loan Details

Loan Number
3030377103
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$849,612
Current Approval
$849,612
Forgiveness Amount
$856,180
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Polytech Fibers LLC
Address
2017 Highway 411 N 0.0
State
Georgia
ZIP Code
30705-2133
Business Type
Limited Liability Partnership
Industry (NAICS)
Manufacturing (325220)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$80.3M
Rural/Urban
Rural
Congressional District
GA-14

Loan Use Breakdown

Payroll
$679,689
Rent
$8,400
Utilities
$56,023
Health Care
$40,000
Mortgage Interest
$55,000
Debt Interest
$10,500

Lender Information

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

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