PPP Loan information for Prime lube, inc.

$1,898,098

Prime lube, inc. was initially approved for PPP Loan of amount $1,898,098, the current approved amount is $1,898,098. The loan was approved on 04/14/2020 by The Provident Bank reported 117 jobs and $1,898,098 was used to fund payroll.

Prime lube, inc. is Existing or more than 2 years old

PRIME LUBE, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRIME LUBE, INC.

Borrower Address

800 ROOSEVELT AVE

Borrower City

CARTERET

Borrower State

NJ

Borrower Zip

07008-2322

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1898097.87

Current Approval Amount

1898097.87

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CARTERET

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07008-2322

CD

NJ-06

Jobs Reported

117

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1898097.87

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

Unanswered

Non Profit

Forgiveness Amount

1913906.69

Forgiveness Date

02/19/2021

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