PPP Loan information for Martin newark dealership inc

$2,864,715

Martin newark dealership inc was initially approved for PPP Loan of amount $2,864,715, the current approved amount is $2,864,715. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 227 jobs and $2,864,715 was used to fund payroll.

Martin newark dealership inc is New Business or 2 years or less

PPP Loan Search / DE / NEWARK / Martin newark dealership inc

MARTIN NEWARK DEALERSHIP INC

Date Approved

05/01/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MARTIN NEWARK DEALERSHIP INC

Borrower Address

298 E CLEVELAND AVE

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19711-3711

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2864715.00

Current Approval Amount

2864715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-3711

CD

DE-

Jobs Reported

227

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2864715.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2899405.52

Forgiveness Date

07/21/2021

;