# PPP loan: ARTEX KNITTING MILLS INC
> **$1.01M** approved 04/14/2020 · Exemption 4 · Loan `7010377104`
## Borrower
- **Name:** ARTEX KNITTING MILLS INC
- **Address:** 300 HARVARD AVE, WESTVILLE, NJ, 08093-1445
- **NAICS:** 315190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $963K (95%)
- **Forgiveness date:** 10/07/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.01M
- **Jobs reported:** 165
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*