PPP Loan information for Ciocca motorsports inc

$789,602

Ciocca motorsports inc was initially approved for PPP Loan of amount $789,602, the current approved amount is $789,602. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 61 jobs and $789,602 was used to fund payroll.

Ciocca motorsports inc is New Business or 2 years or less

PPP Loan Search / NJ / Flemington / Ciocca motorsports inc

CIOCCA MOTORSPORTS INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CIOCCA MOTORSPORTS INC

Borrower Address

135 New Jersey 31

Borrower City

Flemington

Borrower State

NJ

Borrower Zip

08822

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

789602.00

Current Approval Amount

789602.00

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car Dealer Agreement

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Flemington

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08822-0001

CD

NJ-07

Jobs Reported

61

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

505602.00

Mortgage Interest Proceed

0.00

Rent Proceed

180000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26000.00

Debt Interest Proceed

70000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

798514.77

Forgiveness Date

06/11/2021

;