Ralph Friedland & Bros.

$402,600 PPP Loan in Cliffwood Beach, New Jersey

Loan Details

Loan Number
8939937208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$402,600
Current Approval
$402,600
Forgiveness Amount
$405,733
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ralph Friedland & Bros.
Address
17 Industrial Drive
ZIP Code
07735
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423220)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$285,347
Rent
$36,000
Utilities
$5,973
Health Care
$40,135
Mortgage Interest
$29,000
Debt Interest
$6,145

Lender Information

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

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