PPP Loan information for Essex motors inc

$189,260

Essex motors inc was initially approved for PPP Loan of amount $189,260, the current approved amount is $189,260. The loan was approved on 02/03/2021 by The Loan Source Incorporated reported 17 jobs and $189,260 was used to fund payroll.

Essex motors inc is Existing or more than 2 years old

PPP Loan Search / NJ / Rahway / Essex motors inc

ESSEX MOTORS INC

Date Approved

02/03/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ESSEX MOTORS INC

Borrower Address

931 Saint Georges Ave # 965

Borrower City

Rahway

Borrower State

NJ

Borrower Zip

07065-2628

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

189260.00

Current Approval Amount

189260.00

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

Rahway

Project County Name

UNION

Project State

NJ

Project Zip

07065-2628

CD

NJ-07

Jobs Reported

17

NAICS Code

441120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

189257.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

192075.57

Forgiveness Date

08/09/2022

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