PPP Loan information for Albayati motors inc

$146,555

Albayati motors inc was initially approved for PPP Loan of amount $146,555, the current approved amount is $146,555. The loan was approved on 05/22/2020 by The Cross River Bank reported 25 jobs and $146,555 was used to fund payroll.

Albayati motors inc is Unanswered

ALBAYATI MOTORS INC

Date Approved

05/22/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ALBAYATI MOTORS INC

Borrower Address

1702 West Spring Creek Parkway

Borrower City

Plano

Borrower State

TX

Borrower Zip

75023-4305

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146555.00

Current Approval Amount

146555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

Plano

Project County Name

COLLIN

Project State

TX

Project Zip

75023-4305

CD

TX-04

Jobs Reported

25

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

146555.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148650.94

Forgiveness Date

10/27/2021

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