PPP Loan information for Colonial motors inc

$174,700

Colonial motors inc was initially approved for PPP Loan of amount $174,700, the current approved amount is $174,700. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 12 jobs and $174,700 was used to fund payroll.

Colonial motors inc is Unanswered

PPP Loan Search / NJ / BRANCHBURG / Colonial motors inc

COLONIAL MOTORS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COLONIAL MOTORS INC

Borrower Address

3210 ROUTE 22 WEST

Borrower City

BRANCHBURG

Borrower State

NJ

Borrower Zip

08876

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

174700.00

Current Approval Amount

174700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

BRANCHBURG

Project County Name

SOMERSET

Project State

NJ

Project Zip

08876-0001

CD

NJ-07

Jobs Reported

12

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151686.70

Forgiveness Date

09/20/2021

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