PPP Loan information for Micelli motors inc.

$78,777

Micelli motors inc. was initially approved for PPP Loan of amount $78,777, the current approved amount is $78,777. The loan was approved on 03/06/2021 by The Valley National Bank reported 7 jobs and $78,777 was used to fund payroll.

Micelli motors inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Micelli motors inc.

MICELLI MOTORS INC.

Date Approved

03/06/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MICELLI MOTORS INC.

Borrower Address

251 Malvern St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105-2424

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78777.00

Current Approval Amount

78777.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-2424

CD

NJ-08

Jobs Reported

7

NAICS Code

336211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

78774.00

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

Sole Proprietorship

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79151.19

Forgiveness Date

08/30/2021

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