New Generation Yarn Corporation

$428,030 PPP Loan in Hawthorne, New Jersey

Loan Details

Loan Number
4061438406
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$428,030
Current Approval
$428,030
Forgiveness Amount
$431,747
Forgiveness Date
Dec 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
New Generation Yarn Corporation
Address
375 Diamond Bridge Ave
ZIP Code
07506-1323
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (313110)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$34.9M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$428,029
Utilities
$1

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

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