PPP Loan information for Manahawkin motors, inc.

$517,174

Manahawkin motors, inc. was initially approved for PPP Loan of amount $517,174, the current approved amount is $517,174. The loan was approved on 04/11/2020 by The Ally Bank reported 39 jobs and $517,174 was used to fund payroll.

Manahawkin motors, inc. is Existing or more than 2 years old

MANAHAWKIN MOTORS, INC.

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MANAHAWKIN MOTORS, INC.

Borrower Address

500 ROUTE 72

Borrower City

MANAHAWKIN

Borrower State

NJ

Borrower Zip

08050-2820

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517174.00

Current Approval Amount

517174.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANAHAWKIN

Project County Name

OCEAN

Project State

NJ

Project Zip

08050-2820

CD

NJ-02

Jobs Reported

39

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

517174.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

520923.51

Forgiveness Date

01/08/2021

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