PPP Loan information for Bmr automotive service inc

$307,698

Bmr automotive service inc was initially approved for PPP Loan of amount $307,698, the current approved amount is $307,698. The loan was approved on 01/26/2021 by The Lakeland Bank reported 10 jobs and $307,698 was used to fund payroll.

Bmr automotive service inc is Existing or more than 2 years old

BMR AUTOMOTIVE SERVICE INC

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BMR AUTOMOTIVE SERVICE INC

Borrower Address

ROUTE 46 AND BELMONT AVE

Borrower City

DOVER

Borrower State

NJ

Borrower Zip

07801

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

307697.50

Current Approval Amount

307697.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DOVER

Project County Name

MORRIS

Project State

NJ

Project Zip

07801

CD

NJ-07

Jobs Reported

10

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

307692.50

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309287.27

Forgiveness Date

08/06/2021

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