PPP Loan information for R & y auto services inc

$100,000

R & y auto services inc was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 01/25/2021 by The Unity Bank reported 6 jobs and $100,000 was used to fund payroll.

R & y auto services inc is Existing or more than 2 years old

R & Y AUTO SERVICES INC

Date Approved

01/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

R & Y AUTO SERVICES INC

Borrower Address

11 Major Rd

Borrower City

Monmouth Junction

Borrower State

NJ

Borrower Zip

08852-2304

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monmouth Junction

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08852-2304

CD

NJ-12

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

99994.00

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

101463.89

Forgiveness Date

07/18/2022

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