PPP Loan information for G&s motor equipment co

$2,385,632

G&s motor equipment co was initially approved for PPP Loan of amount $2,385,632, the current approved amount is $2,385,632. The loan was approved on 04/15/2020 by The Valley National Bank reported 137 jobs and $2,385,632 was used to fund payroll.

G&s motor equipment co is Existing or more than 2 years old

PPP Loan Search / NJ / Kearny / G&s motor equipment co

G&S MOTOR EQUIPMENT CO

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

G&S MOTOR EQUIPMENT CO

Borrower Address

1800 Harrison Ave

Borrower City

Kearny

Borrower State

NJ

Borrower Zip

07032

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2385632.00

Current Approval Amount

2385632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kearny

Project County Name

HUDSON

Project State

NJ

Project Zip

07032-0001

CD

NJ-09

Jobs Reported

137

NAICS Code

562920

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2385632.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2412934.23

Forgiveness Date

06/09/2021

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