PPP Loan information for Colonial volkswagen inc.

$862,500

Colonial volkswagen inc. was initially approved for PPP Loan of amount $862,500, the current approved amount is $862,500. The loan was approved on 02/01/2021 by The Republic First Bank d/b/a Republic Bank reported 56 jobs and $862,500 was used to fund payroll.

Colonial volkswagen inc. is Existing or more than 2 years old

COLONIAL VOLKSWAGEN INC.

Date Approved

02/01/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

COLONIAL VOLKSWAGEN INC.

Borrower Address

200 W Street Rd

Borrower City

Feasterville Trevose

Borrower State

PA

Borrower Zip

19053-7818

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

862500.00

Current Approval Amount

862500.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Feasterville Trevose

Project County Name

BUCKS

Project State

PA

Project Zip

19053-7818

CD

PA-01

Jobs Reported

56

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

862500.00

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

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

868242.12

Forgiveness Date

10/06/2021

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