PPP Loan information for Car-tech auction

$116,400

Car-tech auction was initially approved for PPP Loan of amount $116,400, the current approved amount is $116,400. The loan was approved on 04/06/2020 by The First Commonwealth Bank reported 9 jobs and $116,400 was used to fund payroll.

Car-tech auction is Existing or more than 2 years old

CAR-TECH AUCTION

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CAR-TECH AUCTION

Borrower Address

528 MORRISTOWN RD

Borrower City

MATAWAN

Borrower State

NJ

Borrower Zip

07747-3580

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116400.00

Current Approval Amount

116400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATAWAN

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07747-3580

CD

NJ-06

Jobs Reported

9

NAICS Code

425120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116400.00

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

Corporation

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117870.15

Forgiveness Date

07/20/2021

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