PPP Loan information for Franklin sussex auto mall inc.

$955,557

Franklin sussex auto mall inc. was initially approved for PPP Loan of amount $955,557, the current approved amount is $955,557. The loan was approved on 04/10/2020 by The Ally Bank reported 84 jobs and $955,557 was used to fund payroll.

Franklin sussex auto mall inc. is Existing or more than 2 years old

PPP Loan Search / NJ / SUSSEX / Franklin sussex auto mall inc.

FRANKLIN SUSSEX AUTO MALL INC.

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FRANKLIN SUSSEX AUTO MALL INC.

Borrower Address

315 STATE RT 23

Borrower City

SUSSEX

Borrower State

NJ

Borrower Zip

07461-3105

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

955557.00

Current Approval Amount

955557.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUSSEX

Project County Name

SUSSEX

Project State

NJ

Project Zip

07461-3105

CD

NJ-05

Jobs Reported

84

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

955557.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

961502.69

Forgiveness Date

12/02/2020

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