American Carpet South

$1,730,435 PPP Loan in Passaic, New Jersey

Loan Details

Loan Number
5396658507
Date Approved
Feb 27, 2021
Loan Status
Paid in Full
Initial Approval
$1,730,435
Current Approval
$1,730,435
Forgiveness Amount
$1,754,084
Forgiveness Date
Jul 8, 2022
Term
60 months
Draw
Second 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
131
Estimated Revenue
$33.1M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$1,730,430
Utilities
$1

Lender Information

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

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