PPP Loan information for Burns auto group inc

$204,685

Burns auto group inc was initially approved for PPP Loan of amount $204,685, the current approved amount is $204,685. The loan was approved on 04/27/2020 by The The First National Bank and Trust Company of Newtown reported 19 jobs and $204,685 was used to fund payroll.

Burns auto group inc is Existing or more than 2 years old

PPP Loan Search / PA / FAIRLESS HILLS / Burns auto group inc

BURNS AUTO GROUP INC

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BURNS AUTO GROUP INC

Borrower Address

218 LINCOLN HWY

Borrower City

FAIRLESS HILLS

Borrower State

PA

Borrower Zip

19030-1102

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204685.00

Current Approval Amount

204685.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61158

Servicing Lender Name

The First National Bank and Trust Company of Newtown

Servicing Lender Address

40 S State St

Servicing Lender City

NEWTOWN

Servicing Lender State

PA

Servicing Lender Zip

18940-1953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRLESS HILLS

Project County Name

BUCKS

Project State

PA

Project Zip

19030-1102

CD

PA-01

Jobs Reported

19

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20468.00

Payroll Proceed

163748.00

Mortgage Interest Proceed

0.00

Rent Proceed

20469.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

61158

Originating Lender

The First National Bank and Trust Company of Newtown

Originating Lender City

NEWTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

206137.42

Forgiveness Date

01/13/2021

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