Wilmington Paper Corp

$696,400 PPP Loan in Pine Brook, New Jersey

Loan Details

Loan Number
8368247110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$696,400
Current Approval
$696,400
Forgiveness Amount
$704,204
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wilmington Paper Corp
Address
20 Hook Mountain Road Po Box 689
ZIP Code
07058
Business Type
Corporation
Industry (NAICS)
Manufacturing (322130)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$35.7M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$542,180
Rent
$32,782
Utilities
$3,691
Health Care
$43,288
Debt Interest
$74,459

Lender Information

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

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