PPP Loan information for Momentum tire and wheel inc

$253,680

Momentum tire and wheel inc was initially approved for PPP Loan of amount $253,680, the current approved amount is $253,680. The loan was approved on 02/06/2021 by The TD Bank, National Association reported 26 jobs and $253,680 was used to fund payroll.

Momentum tire and wheel inc is Existing or more than 2 years old

MOMENTUM TIRE AND WHEEL INC

Date Approved

02/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MOMENTUM TIRE AND WHEEL INC

Borrower Address

1045 Bloomfield Ave

Borrower City

West Caldwell

Borrower State

NJ

Borrower Zip

07006-7103

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

253680.00

Current Approval Amount

253680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Caldwell

Project County Name

ESSEX

Project State

NJ

Project Zip

07006-7103

CD

NJ-11

Jobs Reported

26

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

253678.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256991.93

Forgiveness Date

05/26/2022

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