PPP Loan information for Orchard yarn and thread company inc

$1,458,575

Orchard yarn and thread company inc was initially approved for PPP Loan of amount $1,458,575, the current approved amount is $1,458,575. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 101 jobs and $1,458,575 was used to fund payroll.

Orchard yarn and thread company inc is Existing or more than 2 years old

PPP Loan Search / NJ / Carlstadt / Orchard yarn and thread company inc

ORCHARD YARN AND THREAD COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ORCHARD YARN AND THREAD COMPANY INC

Borrower Address

135 Kero Road 0.0

Borrower City

Carlstadt

Borrower State

NJ

Borrower Zip

07072-2601

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1458575.00

Current Approval Amount

1458575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlstadt

Project County Name

BERGEN

Project State

NJ

Project Zip

07072-2601

CD

NJ-09

Jobs Reported

101

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16715.00

Payroll Proceed

1166860.00

Mortgage Interest Proceed

0.00

Rent Proceed

200000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1477038.13

Forgiveness Date

07/20/2021

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