Date Approved
04/10/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
SALERNO DUANE INC
Borrower Address
267 BROAD ST
Borrower City
SUMMIT
Borrower State
NJ
Borrower Zip
07901-3500
Loan Status Date
03/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
990857.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Chrysler - Sales and Service Agreement
Servicing Lender Location Id
426652
Servicing Lender Name
Ally Bank
Servicing Lender Address
200 W Civic Center Dr
Servicing Lender City
SANDY
Servicing Lender State
UT
Servicing Lender Zip
84070-4207
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
UNION
Project State
Project Zip
CD
NJ-07
Jobs Reported
74
NAICS Code
441110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
998976.52
Forgiveness Date
02/09/2021