PPP Loan information for Dalessio auto group

$422,832

Dalessio auto group was initially approved for PPP Loan of amount $422,832, the current approved amount is $422,832. The loan was approved on 04/12/2020 by The Valley National Bank reported 31 jobs and $422,832 was used to fund payroll.

Dalessio auto group is Existing or more than 2 years old

DALESSIO AUTO GROUP

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DALESSIO AUTO GROUP

Borrower Address

650 Myrtle Avenue

Borrower City

BOONTON

Borrower State

NJ

Borrower Zip

07005-1915

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422832.00

Current Approval Amount

422832.00

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

BOONTON

Project County Name

MORRIS

Project State

NJ

Project Zip

07005-1915

CD

NJ-11

Jobs Reported

31

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

422832.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

427459.66

Forgiveness Date

05/24/2021

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