PPP Loan information for Newtown auto sales, inc.

$671,000

Newtown auto sales, inc. was initially approved for PPP Loan of amount $671,000, the current approved amount is $671,000. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 62 jobs and $671,000 was used to fund payroll.

Newtown auto sales, inc. is Existing or more than 2 years old

PPP Loan Search / PA / NEWTOWN / Newtown auto sales, inc.

NEWTOWN AUTO SALES, INC.

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NEWTOWN AUTO SALES, INC.

Borrower Address

10 north Sycamore Street

Borrower City

NEWTOWN

Borrower State

PA

Borrower Zip

18940-1511

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

671000.00

Current Approval Amount

671000.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTOWN

Project County Name

BUCKS

Project State

PA

Project Zip

18940-1511

CD

PA-01

Jobs Reported

62

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

671000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

679897.64

Forgiveness Date

08/30/2021

;