PPP Loan information for Hy-way motors inc.

$23,330

Hy-way motors inc. was initially approved for PPP Loan of amount $23,330, the current approved amount is $23,330. The loan was approved on 02/26/2021 by The OceanFirst Bank, National Association reported 3 jobs and $23,330 was used to fund payroll.

Hy-way motors inc. is Existing or more than 2 years old

HY-WAY MOTORS INC.

Date Approved

02/26/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HY-WAY MOTORS INC.

Borrower Address

1402 W Cleveland Ave

Borrower City

Egg Harbor City

Borrower State

NJ

Borrower Zip

08215-3063

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23330.00

Current Approval Amount

23330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79203

Servicing Lender Name

OceanFirst Bank, National Association

Servicing Lender Address

975 Hooper Ave

Servicing Lender City

TOMS RIVER

Servicing Lender State

NJ

Servicing Lender Zip

08753-8320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Egg Harbor City

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08215-3063

CD

NJ-02

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

23327.00

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

Corporation

Originating Lender Location Id

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23430.45

Forgiveness Date

08/04/2021

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