Peerless Umbrella Co., INC
$1,194,402 PPP Loan in Newark, New Jersey
Loan Details
- Loan Number
- 7352367101
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,194,402
- Current Approval
- $1,194,402
- Forgiveness Amount
- $1,203,041
- Forgiveness Date
- Jan 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Peerless Umbrella Co., INC
- Address
- 427 Ferry Street
- City
- Newark
- State
- New Jersey
- ZIP Code
- 07105
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 127
- Estimated Revenue
- $35.5M
- Rural/Urban
- Urban
- Congressional District
- NJ-08
Loan Use Breakdown
- Payroll
- $954,402
- Rent
- $105,000
- Utilities
- $38,000
- Health Care
- $53,000
- Debt Interest
- $44,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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|---|---|---|
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| The Universal Church Inc. | $7,632,975 | |
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