PPP Loan information for Wilmington paper corp

$696,400

Wilmington paper corp was initially approved for PPP Loan of amount $696,400, the current approved amount is $696,400. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 36 jobs and $696,400 was used to fund payroll.

Wilmington paper corp is Existing or more than 2 years old

WILMINGTON PAPER CORP

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

WILMINGTON PAPER CORP

Borrower Address

20 Hook Mountain Road PO Box 689

Borrower City

Pine Brook

Borrower State

NJ

Borrower Zip

07058

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

696400.00

Current Approval Amount

696400.00

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

Pine Brook

Project County Name

MORRIS

Project State

NJ

Project Zip

07058-0100

CD

NJ-11

Jobs Reported

36

NAICS Code

322130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3691.00

Payroll Proceed

542180.00

Mortgage Interest Proceed

0.00

Rent Proceed

32782.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43288.00

Debt Interest Proceed

74459

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

704203.50

Forgiveness Date

06/04/2021

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