PPP Loan information for Next generation automotive llc

$466,393

Next generation automotive llc was initially approved for PPP Loan of amount $466,393, the current approved amount is $466,393. The loan was approved on 04/11/2020 by The Ally Bank reported 37 jobs and $466,393 was used to fund payroll.

Next generation automotive llc is Existing or more than 2 years old

PPP Loan Search / NJ / BRIDGEWATER / Next generation automotive llc

NEXT GENERATION AUTOMOTIVE LLC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEXT GENERATION AUTOMOTIVE LLC

Borrower Address

300 Finderne Ave

Borrower City

BRIDGEWATER

Borrower State

NJ

Borrower Zip

08807-3037

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

466393.00

Current Approval Amount

466393.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGEWATER

Project County Name

SOMERSET

Project State

NJ

Project Zip

08807-3037

CD

NJ-07

Jobs Reported

37

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

466393.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

469320.91

Forgiveness Date

12/03/2020

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