PPP Loan information for Newark truck center corporation

$177,872

Newark truck center corporation was initially approved for PPP Loan of amount $177,872, the current approved amount is $177,872. The loan was approved on 03/12/2021 by The Provident Bank reported 177 jobs and $177,872 was used to fund payroll.

Newark truck center corporation is Existing or more than 2 years old

NEWARK TRUCK CENTER CORPORATION

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEWARK TRUCK CENTER CORPORATION

Borrower Address

451 Frelinghuysen Ave

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07114-1426

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177872.10

Current Approval Amount

177872.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-1426

CD

NJ-10

Jobs Reported

177

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

177866.10

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179075.78

Forgiveness Date

11/19/2021

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