Avanti Linens, Inc.

$1,083,305 PPP Loan in Moonachie, New Jersey

Loan Details

Loan Number
9627387008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,083,305
Current Approval
$1,083,305
Forgiveness Amount
$1,096,251
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Avanti Linens, Inc.
Address
234 Moonachie Rd. 0.0
ZIP Code
07074-1307
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (314999)
Business Age
Existing or more than 2 years old
Jobs Reported
96
Estimated Revenue
$33.9M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$800,000
Utilities
$10,000
Health Care
$68,000
Mortgage Interest
$205,305

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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