Sherwood Industies

$1,533,870 PPP Loan in Lawrence Township, New Jersey

Loan Details

Loan Number
7790497105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,533,870
Current Approval
$1,533,870
Forgiveness Amount
$1,555,933
Forgiveness Date
Sep 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sherwood Industies
Address
1333 Brunswick Avenue Suite 200
ZIP Code
08648
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
104
Estimated Revenue
$31.9M
Rural/Urban
Urban
Congressional District
NJ-03

Loan Use Breakdown

Payroll
$1,101,078
Rent
$137,964
Utilities
$30,000
Health Care
$239,828
Debt Interest
$25,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

Other PPP Loans in Lawrence Township, NJ

BusinessApproved
Stark & Stark, a Professional Corporation$4,410,250NewBizBotAI Deep Dive
Dco Operations LLC$1,990,859NewBizBotAI Deep Dive
Dco Energy, LLC$1,853,372NewBizBotAI Deep Dive
Notre Dame High School$1,750,000NewBizBotAI Deep Dive
Princeton Motorsport INC$1,259,268NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free