PPP Loan information for Intercar inc.

$554,300

Intercar inc. was initially approved for PPP Loan of amount $554,300, the current approved amount is $554,300. The loan was approved on 03/15/2021 by The Comerica Bank reported 34 jobs and $554,300 was used to fund payroll.

Intercar inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Newton / Intercar inc.

INTERCAR INC.

Date Approved

03/15/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

INTERCAR INC.

Borrower Address

92 Hampton House Rd

Borrower City

Newton

Borrower State

NJ

Borrower Zip

07860-1410

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

554300.00

Current Approval Amount

554300.00

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car Dealer Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

SUSSEX

Project State

NJ

Project Zip

07860-1410

CD

NJ-05

Jobs Reported

34

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

554298.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

558411.06

Forgiveness Date

12/09/2021

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