PPP Loan information for Preferred auto sales llc

$120,197

Preferred auto sales llc was initially approved for PPP Loan of amount $120,197, the current approved amount is $120,197. The loan was approved on 04/30/2020 by The Wells Fargo Bank, National Association reported 10 jobs and $120,197 was used to fund payroll.

Preferred auto sales llc is Existing or more than 2 years old

PPP Loan Search / NJ / ELIZABETH / Preferred auto sales llc

PREFERRED AUTO SALES LLC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PREFERRED AUTO SALES LLC

Borrower Address

655 PENNSYLVANIA AVE

Borrower City

ELIZABETH

Borrower State

NJ

Borrower Zip

07201

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120197.00

Current Approval Amount

120197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH

Project County Name

UNION

Project State

NJ

Project Zip

07201-0801

CD

NJ-08

Jobs Reported

10

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120197.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121557.04

Forgiveness Date

06/25/2021

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