Precision Textiles LLC
$2,506,890 PPP Loan in Totowa, New Jersey
Loan Details
- Loan Number
- 9170167109
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,506,890
- Current Approval
- $2,506,890
- Forgiveness Amount
- $2,535,859
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Precision Textiles LLC
- Address
- 200 Maltese Dr
- City
- Totowa
- State
- New Jersey
- ZIP Code
- 07512-1404
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (313320)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 191
- Estimated Revenue
- $67.4M
- Rural/Urban
- Urban
- Congressional District
- NJ-11
Loan Use Breakdown
- Payroll
- $1,880,000
- Rent
- $325,000
- Utilities
- $50,000
- Health Care
- $225,000
- Debt Interest
- $26,890
Lender Information
- Servicing Lender
- First-Citizens Bank & Trust Company
- Originating Lender
- Onewest Bank, a Division of First-Citizens Bank and Trust Company
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