PPP Loan information for Contemporary motor cars inc

$1,728,478

Contemporary motor cars inc was initially approved for PPP Loan of amount $1,728,478, the current approved amount is $1,728,478. The loan was approved on 04/11/2020 by The Valley National Bank reported 120 jobs and $1,728,478 was used to fund payroll.

Contemporary motor cars inc is Existing or more than 2 years old

PPP Loan Search / NJ / LITTLE SILVER / Contemporary motor cars inc

CONTEMPORARY MOTOR CARS INC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CONTEMPORARY MOTOR CARS INC

Borrower Address

100 Oceanport Ave

Borrower City

LITTLE SILVER

Borrower State

NJ

Borrower Zip

07739-1218

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1728477.50

Current Approval Amount

1728477.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE SILVER

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07739-1218

CD

NJ-06

Jobs Reported

120

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1728477.50

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1744946.05

Forgiveness Date

03/31/2021

;