PPP Loan information for Auto exchange inc

$135,209

Auto exchange inc was initially approved for PPP Loan of amount $135,209, the current approved amount is $135,209. The loan was approved on 01/25/2021 by The Cross River Bank reported 12 jobs and $135,209 was used to fund payroll.

Auto exchange inc is Existing or more than 2 years old

AUTO EXCHANGE INC

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AUTO EXCHANGE INC

Borrower Address

15859 Dixie Hwy

Borrower City

Harvey

Borrower State

IL

Borrower Zip

60426-4132

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

135209.00

Current Approval Amount

135209.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harvey

Project County Name

COOK

Project State

IL

Project Zip

60426-4132

CD

IL-02

Jobs Reported

12

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

135207.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137005.61

Forgiveness Date

05/26/2022

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