PPP Loan information for Arek tractor trailer repairs inc

$38,932

Arek tractor trailer repairs inc was initially approved for PPP Loan of amount $38,932, the current approved amount is $38,932. The loan was approved on 04/22/2021 by The Bank of America, National Association reported 2 jobs and $38,932 was used to fund payroll.

Arek tractor trailer repairs inc is Existing or more than 2 years old

PPP Loan Search / NJ / Somerset / Arek tractor trailer repairs inc

AREK TRACTOR TRAILER REPAIRS INC

Date Approved

04/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AREK TRACTOR TRAILER REPAIRS INC

Borrower Address

427 Elizabeth Ave

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873-1292

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38932.00

Current Approval Amount

38932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1292

CD

NJ-12

Jobs Reported

2

NAICS Code

488490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38930.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39127.19

Forgiveness Date

10/27/2021

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