Monarch Towel Company, INC
$245,300 PPP Loan in South Plainfield, New Jersey
Loan Details
- Loan Number
- 8442037203
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $245,300
- Current Approval
- $245,300
- Forgiveness Amount
- $248,129
- Forgiveness Date
- Jul 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Monarch Towel Company, INC
- Address
- 301 Hollywood Avenue
- City
- South Plainfield
- State
- New Jersey
- ZIP Code
- 07080
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $12.3M
- Rural/Urban
- Urban
- Congressional District
- NJ-06
Loan Use Breakdown
- Payroll
- $245,300
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Peapack-Gladstone Bank
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