PPP Loan information for Emg auto sales inc

$490,756

Emg auto sales inc was initially approved for PPP Loan of amount $490,756, the current approved amount is $490,756. The loan was approved on 04/11/2020 by The Ally Bank reported 43 jobs and $490,756 was used to fund payroll.

Emg auto sales inc is Existing or more than 2 years old

PPP Loan Search / NJ / AVENEL / Emg auto sales inc

EMG AUTO SALES INC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EMG AUTO SALES INC

Borrower Address

885 US HIGHWAY 1

Borrower City

AVENEL

Borrower State

NJ

Borrower Zip

07001-1346

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490756.00

Current Approval Amount

490756.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AVENEL

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07001-1346

CD

NJ-06

Jobs Reported

43

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

490756.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

495472.71

Forgiveness Date

03/31/2021

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