PPP Loan information for East hanover auto sales, inc.

$1,558,700

East hanover auto sales, inc. was initially approved for PPP Loan of amount $1,558,700, the current approved amount is $1,558,700. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 200 jobs and $1,558,700 was used to fund payroll.

East hanover auto sales, inc. is Existing or more than 2 years old

EAST HANOVER AUTO SALES, INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EAST HANOVER AUTO SALES, INC.

Borrower Address

235 Route 10

Borrower City

EAST HANOVER

Borrower State

NJ

Borrower Zip

07936-0235

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1558700.00

Current Approval Amount

1558700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST HANOVER

Project County Name

MORRIS

Project State

NJ

Project Zip

07936-0235

CD

NJ-11

Jobs Reported

200

NAICS Code

485320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1558700.00

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

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96784.96

Forgiveness Date

06/11/2021

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