PPP Loan information for Faulkner motors of bethlehem, inc.

$1,181,975

Faulkner motors of bethlehem, inc. was initially approved for PPP Loan of amount $1,181,975, the current approved amount is $1,181,975. The loan was approved on 04/10/2020 by The Ally Bank reported 88 jobs and $1,181,975 was used to fund payroll.

Faulkner motors of bethlehem, inc. is Existing or more than 2 years old

FAULKNER MOTORS OF BETHLEHEM, INC.

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FAULKNER MOTORS OF BETHLEHEM, INC.

Borrower Address

298 STOKE PARK RD

Borrower City

BETHLEHEM

Borrower State

PA

Borrower Zip

18017-9401

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1181975.00

Current Approval Amount

1181975.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

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

BETHLEHEM

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18017-9401

CD

PA-07

Jobs Reported

88

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1181975.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1193958.91

Forgiveness Date

04/23/2021

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