PPP Loan information for Danco motors inc

$11,777

Danco motors inc was initially approved for PPP Loan of amount $11,777, the current approved amount is $11,777. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 3 jobs and $11,777 was used to fund payroll.

Danco motors inc is Existing or more than 2 years old

PPP Loan Search / NJ / GARFIELD / Danco motors inc

DANCO MOTORS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DANCO MOTORS INC

Borrower Address

153 PASSAIC ST

Borrower City

GARFIELD

Borrower State

NJ

Borrower Zip

07026

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11777.00

Current Approval Amount

11777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARFIELD

Project County Name

BERGEN

Project State

NJ

Project Zip

07026-0001

CD

NJ-09

Jobs Reported

3

NAICS Code

811118

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

355.00

Payroll Proceed

9422.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11955.25

Forgiveness Date

11/09/2021

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