PPP Loan information for Galaxy motors

$50,000

Galaxy motors was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/14/2020 by The ESSA Bank & Trust reported 3 jobs and $50,000 was used to fund payroll.

Galaxy motors is Existing or more than 2 years old

GALAXY MOTORS

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

GALAXY MOTORS

Borrower Address

3594 Route 378

Borrower City

BETHLEHEM

Borrower State

PA

Borrower Zip

18015

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78923

Servicing Lender Name

ESSA Bank & Trust

Servicing Lender Address

200 Palmer St

Servicing Lender City

STROUDSBURG

Servicing Lender State

PA

Servicing Lender Zip

18360-1645

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

18015-0001

CD

PA-07

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

45000.00

Mortgage Interest Proceed

2500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

78923

Originating Lender

ESSA Bank & Trust

Originating Lender City

STROUDSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50518.06

Forgiveness Date

05/03/2021

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