PPP Loan information for Newark motor & export corp.

$125,302

Newark motor & export corp. was initially approved for PPP Loan of amount $125,302, the current approved amount is $125,302. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 18 jobs and $125,302 was used to fund payroll.

Newark motor & export corp. is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / Newark motor & export corp.

NEWARK MOTOR & EXPORT CORP.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWARK MOTOR & EXPORT CORP.

Borrower Address

573-589 FERRY ST

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125302.00

Current Approval Amount

125302.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

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

07105-0001

CD

NJ-08

Jobs Reported

18

NAICS Code

423140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

100242.00

Mortgage Interest Proceed

0.00

Rent Proceed

23060.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126778.96

Forgiveness Date

06/24/2021

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