PPP Loan information for Rossi motors inc.

$665,822

Rossi motors inc. was initially approved for PPP Loan of amount $665,822, the current approved amount is $665,822. The loan was approved on 03/31/2021 by The Loan Source Incorporated reported 69 jobs and $665,822 was used to fund payroll.

Rossi motors inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Vineland / Rossi motors inc.

ROSSI MOTORS INC.

Date Approved

03/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ROSSI MOTORS INC.

Borrower Address

1517 S Delsea Dr

Borrower City

Vineland

Borrower State

NJ

Borrower Zip

08360-6306

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

665822.00

Current Approval Amount

665822.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vineland

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08360-6306

CD

NJ-02

Jobs Reported

69

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

665821.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

670400.67

Forgiveness Date

12/15/2021

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