PPP Loan information for Dml motors inc

$483,423

Dml motors inc was initially approved for PPP Loan of amount $483,423, the current approved amount is $483,423. The loan was approved on 04/15/2020 by The Santander Bank, National Association reported 42 jobs and $483,423 was used to fund payroll.

Dml motors inc is Existing or more than 2 years old

PPP Loan Search / NJ / Somerville / Dml motors inc

DML MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DML MOTORS INC

Borrower Address

1028 Route 22 East

Borrower City

Somerville

Borrower State

NJ

Borrower Zip

08876

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

483423.00

Current Approval Amount

483423.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

SOMERSET

Project State

NJ

Project Zip

08876-0001

CD

NJ-07

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

483423.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

487886.38

Forgiveness Date

03/25/2021

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