PPP Loan information for Chris motors auto sales inc

$148,375

Chris motors auto sales inc was initially approved for PPP Loan of amount $148,375, the current approved amount is $148,375. The loan was approved on 03/04/2021 by The Cross River Bank reported 7 jobs and $148,375 was used to fund payroll.

Chris motors auto sales inc is Existing or more than 2 years old

CHRIS MOTORS AUTO SALES INC

Date Approved

03/04/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

CHRIS MOTORS AUTO SALES INC

Borrower Address

3833 Flat Shoals Pkwy

Borrower City

Decatur

Borrower State

GA

Borrower Zip

30034-4003

Loan Status Date

03/11/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148375.00

Current Approval Amount

148375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

DEKALB

Project State

GA

Project Zip

30034-4003

CD

GA-05

Jobs Reported

7

NAICS Code

812990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

148373.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151216.48

Forgiveness Date

02/02/2023

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