Otex Specialty Narrow Fabrics, Inc.
$487,825 PPP Loan in Suite 403, New Jersey
Loan Details
- Loan Number
- 8257217109
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $487,825
- Current Approval
- $487,825
- Forgiveness Amount
- $491,313
- Forgiveness Date
- Jan 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Otex Specialty Narrow Fabrics, Inc.
- Address
- 4 Essex Ave
- City
- Suite 403
- State
- New Jersey
- ZIP Code
- 07924
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (313220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 41
- Estimated Revenue
- $14.5M
- Rural/Urban
- Urban
- Congressional District
- NJ-07
Loan Use Breakdown
- Payroll
- $346,786
- Rent
- $70,948
- Utilities
- $16,354
- Health Care
- $21,737
- Debt Interest
- $32,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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