PPP Loan information for Bay ridge volvo american inc

$2,299,905

Bay ridge volvo american inc was initially approved for PPP Loan of amount $2,299,905, the current approved amount is $2,299,905. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 176 jobs and $2,299,905 was used to fund payroll.

Bay ridge volvo american inc is Existing or more than 2 years old

BAY RIDGE VOLVO AMERICAN INC

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BAY RIDGE VOLVO AMERICAN INC

Borrower Address

8801 4TH AVE

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11209

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2299905.00

Current Approval Amount

2299905.00

Undisbursed Amount

0.00

Franchise Name

Volvo Cars USA, LLC -  Retailer Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11209-5605

CD

NY-11

Jobs Reported

176

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

61070.00

Payroll Proceed

1665955.00

Mortgage Interest Proceed

0.00

Rent Proceed

422706.00

Refinance EIDL Proceed

0.00

Health Care Proceed

115174.00

Debt Interest Proceed

35000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2326137.97

Forgiveness Date

06/11/2021

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