PPP Loan information for Cumberland auto group llc

$477,217

Cumberland auto group llc was initially approved for PPP Loan of amount $477,217, the current approved amount is $477,217. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 38 jobs and $477,217 was used to fund payroll.

Cumberland auto group llc is Existing or more than 2 years old

CUMBERLAND AUTO GROUP LLC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CUMBERLAND AUTO GROUP LLC

Borrower Address

1935 N. Second St.

Borrower City

Millville

Borrower State

NJ

Borrower Zip

08332

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

477217.00

Current Approval Amount

477217.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millville

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08332-0001

CD

NJ-02

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20217.00

Payroll Proceed

358000.00

Mortgage Interest Proceed

0.00

Rent Proceed

64000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

482917.46

Forgiveness Date

06/29/2021

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