PPP Loan information for Prestige mills, inc

$1,666,000

Prestige mills, inc was initially approved for PPP Loan of amount $1,666,000, the current approved amount is $1,666,000. The loan was approved on 04/14/2020 by The Valley National Bank reported 98 jobs and $1,666,000 was used to fund payroll.

Prestige mills, inc is Existing or more than 2 years old

PRESTIGE MILLS, INC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

PRESTIGE MILLS, INC

Borrower Address

3401 38th Avenue

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101-13ND

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1666000.00

Current Approval Amount

1666000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-0001

CD

NY-07

Jobs Reported

98

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16660.00

Payroll Proceed

1249500.00

Mortgage Interest Proceed

0.00

Rent Proceed

399840.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1689370.28

Forgiveness Date

09/02/2021

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