PPP Loan information for K & g motors inc

$41,052

K & g motors inc was initially approved for PPP Loan of amount $41,052, the current approved amount is $41,052. The loan was approved on 01/26/2021 by The Valley National Bank reported 3 jobs and $41,052 was used to fund payroll.

K & g motors inc is Existing or more than 2 years old

K & G MOTORS INC

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

K & G MOTORS INC

Borrower Address

91 Bloomfield Ave

Borrower City

Caldwell

Borrower State

NJ

Borrower Zip

07006-5312

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41052.00

Current Approval Amount

41052.00

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

Caldwell

Project County Name

ESSEX

Project State

NJ

Project Zip

07006-5312

CD

NJ-10

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41051.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41324.54

Forgiveness Date

09/29/2021

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