American Carpet South

$1,954,818 PPP Loan in Passaic, New Jersey

Loan Details

Loan Number
3553257210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,954,818
Current Approval
$1,787,628
Forgiveness Amount
$1,811,413
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Carpet South
Address
347 Broadway
ZIP Code
07055-2738
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238330)
Business Age
Existing or more than 2 years old
Jobs Reported
101
Estimated Revenue
$25.5M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$1,787,628

Lender Information

Servicing Lender
Titan Bank, National Association
Originating Lender
Titan Bank, National Association

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