Northeastern Envelope Company, Inc.

$969,250 PPP Loan in Old Forge, Pennsylvania

Loan Details

Loan Number
8175077100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$969,250
Current Approval
$969,250
Forgiveness Amount
$976,181
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northeastern Envelope Company, Inc.
Address
2 Maxson Drive
ZIP Code
18518
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
114
Estimated Revenue
$113.1M
Rural/Urban
Urban
Congressional District
PA-08

Loan Use Breakdown

Payroll
$792,000
Rent
$26,000
Utilities
$36,500
Health Care
$107,000
Debt Interest
$7,750

Lender Information

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

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