PPP Loan information for Dale motor corp

$626,311

Dale motor corp was initially approved for PPP Loan of amount $626,311, the current approved amount is $626,311. The loan was approved on 04/13/2020 by The Provident Bank reported 46 jobs and $626,311 was used to fund payroll.

Dale motor corp is Existing or more than 2 years old

DALE MOTOR CORP

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DALE MOTOR CORP

Borrower Address

3001 Route 1

Borrower City

LAWRENCE TOWNSHIP

Borrower State

NJ

Borrower Zip

08648-2405

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

626310.92

Current Approval Amount

626310.92

Undisbursed Amount

0.00

Franchise Name

Precision Tune Auto Care

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE TOWNSHIP

Project County Name

MERCER

Project State

NJ

Project Zip

08648-2405

CD

NJ-03

Jobs Reported

46

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

626310.92

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

631424.36

Forgiveness Date

02/16/2021

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