New Generation Yarn Corporation

$326,443 PPP Loan in Hawthorne, New Jersey

Loan Details

Loan Number
4654497706
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$326,443
Current Approval
$326,443
Forgiveness Amount
$329,081
Forgiveness Date
Feb 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Generation Yarn Corporation
Address
375 Diamond Bridge Avenue
ZIP Code
07507
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (451130)
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$23.1M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$326,443

Lender Information

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

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