PPP Loan information for Drive auto works

$34,322

Drive auto works was initially approved for PPP Loan of amount $42,682, the current approved amount is $34,322. The loan was approved on 04/11/2021 by The Benworth Capital reported 4 jobs and $34,322 was used to fund payroll.

Drive auto works is Existing or more than 2 years old

DRIVE AUTO WORKS

Date Approved

04/11/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DRIVE AUTO WORKS

Borrower Address

204 Summit Rd

Borrower City

Mountainside

Borrower State

NJ

Borrower Zip

07092-2305

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42682.00

Current Approval Amount

34322.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529192

Servicing Lender Name

Benworth Capital

Servicing Lender Address

7000 SW 97th Avenue Suite 201

Servicing Lender City

Miami

Servicing Lender State

FL

Servicing Lender Zip

33173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mountainside

Project County Name

UNION

Project State

NJ

Project Zip

07092-2305

CD

NJ-07

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

34320.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

529192

Originating Lender

Benworth Capital

Originating Lender City

Miami

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34460.23

Forgiveness Date

10/25/2021

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