PPP Loan information for Rich's automotive specialist

$195,400

Rich's automotive specialist was initially approved for PPP Loan of amount $195,400, the current approved amount is $195,400. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 14 jobs and $195,400 was used to fund payroll.

Rich's automotive specialist is Existing or more than 2 years old

PPP Loan Search / NJ / Emerson / Rich's automotive specialist

RICH'S AUTOMOTIVE SPECIALIST

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RICH'S AUTOMOTIVE SPECIALIST

Borrower Address

50 Chestnut Street

Borrower City

Emerson

Borrower State

NJ

Borrower Zip

07630

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195400.00

Current Approval Amount

195400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Emerson

Project County Name

BERGEN

Project State

NJ

Project Zip

07630-0001

CD

NJ-05

Jobs Reported

14

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10315.00

Payroll Proceed

124985.00

Mortgage Interest Proceed

0.00

Rent Proceed

38100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197562.78

Forgiveness Date

06/02/2021

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