PPP Loan information for B & l tire service inc

$621,962

B & l tire service inc was initially approved for PPP Loan of amount $621,962, the current approved amount is $621,962. The loan was approved on 04/15/2020 by The Valley National Bank reported 47 jobs and $621,962 was used to fund payroll.

B & l tire service inc is Existing or more than 2 years old

PPP Loan Search / NJ / Carteret / B & l tire service inc

B & L TIRE SERVICE INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

B & L TIRE SERVICE INC

Borrower Address

100 Minue st

Borrower City

Carteret

Borrower State

NJ

Borrower Zip

07008

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621962.00

Current Approval Amount

621962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carteret

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07008-0001

CD

NJ-06

Jobs Reported

47

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

621962.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

628371.66

Forgiveness Date

04/29/2021

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