PPP Loan information for Princeton motorsport inc

$1,259,200

Princeton motorsport inc was initially approved for PPP Loan of amount $1,259,268, the current approved amount is $1,259,200. The loan was approved on 04/12/2020 by The Berkshire Bank reported 82 jobs and $1,259,200 was used to fund payroll.

Princeton motorsport inc is Existing or more than 2 years old

PRINCETON MOTORSPORT INC

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRINCETON MOTORSPORT INC

Borrower Address

2910 Route 1

Borrower City

LAWRENCE TOWNSHIP

Borrower State

NJ

Borrower Zip

08648

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1259268.00

Current Approval Amount

1259200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE TOWNSHIP

Project County Name

MERCER

Project State

NJ

Project Zip

08648-0001

CD

NJ-03

Jobs Reported

82

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1259200.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1265478.75

Forgiveness Date

11/12/2020

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