PPP Loan information for Irwin lincoln mercury sales and service co., inc

$272,658

Irwin lincoln mercury sales and service co., inc was initially approved for PPP Loan of amount $272,658, the current approved amount is $272,658. The loan was approved on 04/16/2020 by The Lakeland Bank reported 25 jobs and $272,658 was used to fund payroll.

Irwin lincoln mercury sales and service co., inc is Existing or more than 2 years old

PPP Loan Search / NJ / FREEHOLD / Irwin lincoln mercury sales and service co., inc

IRWIN LINCOLN MERCURY SALES AND SERVICE CO., INC

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

IRWIN LINCOLN MERCURY SALES AND SERVICE CO., INC

Borrower Address

4000 ROUTE 9

Borrower City

FREEHOLD

Borrower State

NJ

Borrower Zip

07728-1389

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272658.00

Current Approval Amount

272658.00

Undisbursed Amount

0.00

Franchise Name

Lincoln Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEHOLD

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07728-1389

CD

NJ-03

Jobs Reported

25

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

208000.00

Mortgage Interest Proceed

0.00

Rent Proceed

24658.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

274704.80

Forgiveness Date

01/20/2021

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