Star Linen, Inc.

$710,487 PPP Loan in Moorestown, New Jersey

Loan Details

Loan Number
8966557109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$710,487
Current Approval
$710,487
Forgiveness Amount
$720,122
Forgiveness Date
Aug 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Star Linen, Inc.
Address
1501 Lancer Drive
ZIP Code
08057
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423220)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$15.0M
Rural/Urban
Urban
Congressional District
NJ-03

Loan Use Breakdown

Payroll
$584,447
Rent
$11,674
Utilities
$7,659
Health Care
$67,577
Debt Interest
$39,130

Lender Information

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

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