PPP Loan information for Doolittle motor car co. inc.

$36,700

Doolittle motor car co. inc. was initially approved for PPP Loan of amount $38,900, the current approved amount is $36,700. The loan was approved on 04/06/2020 by The Magyar Bank reported 6 jobs and $36,700 was used to fund payroll.

Doolittle motor car co. inc. is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / Doolittle motor car co. inc.

DOOLITTLE MOTOR CAR CO. INC.

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DOOLITTLE MOTOR CAR CO. INC.

Borrower Address

873 SOMERSET ST

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-3524

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38900.00

Current Approval Amount

36700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-3524

CD

NJ-12

Jobs Reported

6

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36700.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37093.51

Forgiveness Date

06/04/2021

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