PPP Loan information for Crystal motors inc

$1,687,900

Crystal motors inc was initially approved for PPP Loan of amount $1,810,400, the current approved amount is $1,687,900. The loan was approved on 04/07/2020 by The Magyar Bank reported 126 jobs and $1,687,900 was used to fund payroll.

Crystal motors inc is Existing or more than 2 years old

PPP Loan Search / NJ / GREEN BROOK / Crystal motors inc

CRYSTAL MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CRYSTAL MOTORS INC

Borrower Address

220 US HIGHWAY 22

Borrower City

GREEN BROOK

Borrower State

NJ

Borrower Zip

08812-1911

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1810400.00

Current Approval Amount

1687900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREEN BROOK

Project County Name

SOMERSET

Project State

NJ

Project Zip

08812-1911

CD

NJ-07

Jobs Reported

126

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1687900.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1699387.10

Forgiveness Date

12/30/2020

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