PPP Loan information for Middleburg yarn processing inc

$262,492

Middleburg yarn processing inc was initially approved for PPP Loan of amount $262,492, the current approved amount is $262,492. The loan was approved on 02/05/2021 by The Wells Fargo Bank, National Association reported 35 jobs and $262,492 was used to fund payroll.

Middleburg yarn processing inc is Existing or more than 2 years old

MIDDLEBURG YARN PROCESSING INC

Date Approved

02/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MIDDLEBURG YARN PROCESSING INC

Borrower Address

375 Diamond Bridge Ave

Borrower City

Hawthorne

Borrower State

NJ

Borrower Zip

07506-1323

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262492.00

Current Approval Amount

262492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hawthorne

Project County Name

PASSAIC

Project State

NJ

Project Zip

07506-1323

CD

NJ-09

Jobs Reported

35

NAICS Code

313110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

262491.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264771.73

Forgiveness Date

12/23/2021

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