PPP Loan information for Otex specialty narrow fabrics inc.

$487,500

Otex specialty narrow fabrics inc. was initially approved for PPP Loan of amount $487,500, the current approved amount is $487,500. The loan was approved on 01/22/2021 by The Manufacturers and Traders Trust Company reported 41 jobs and $487,500 was used to fund payroll.

Otex specialty narrow fabrics inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Bernardsville / Otex specialty narrow fabrics inc.

OTEX SPECIALTY NARROW FABRICS INC.

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OTEX SPECIALTY NARROW FABRICS INC.

Borrower Address

4 Essex Ave Ste 403

Borrower City

Bernardsville

Borrower State

NJ

Borrower Zip

07924-2265

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

487500.00

Current Approval Amount

487500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bernardsville

Project County Name

SOMERSET

Project State

NJ

Project Zip

07924-2265

CD

NJ-07

Jobs Reported

41

NAICS Code

313220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

487497.00

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

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

490304.79

Forgiveness Date

08/30/2021

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