PPP Loan information for City auto center inc

$219,281

City auto center inc was initially approved for PPP Loan of amount $328,987, the current approved amount is $219,281. The loan was approved on 02/20/2021 by The Customers Bank reported 17 jobs and $219,281 was used to fund payroll.

City auto center inc is Existing or more than 2 years old

PPP Loan Search / NJ / Hightstown / City auto center inc

CITY AUTO CENTER INC

Date Approved

02/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CITY AUTO CENTER INC

Borrower Address

180 Mercer St N/A

Borrower City

Hightstown

Borrower State

NJ

Borrower Zip

08520-3720

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

328987.00

Current Approval Amount

219281.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hightstown

Project County Name

MERCER

Project State

NJ

Project Zip

08520-3720

CD

NJ-03

Jobs Reported

17

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

219279.00

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

Subchapter S Corporation

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222092.60

Forgiveness Date

06/16/2022

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