PPP Loan information for Sal's auto body inc

$158,587

Sal's auto body inc was initially approved for PPP Loan of amount $158,587, the current approved amount is $158,587. The loan was approved on 03/18/2021 by The Valley National Bank reported 10 jobs and $158,587 was used to fund payroll.

Sal's auto body inc is Existing or more than 2 years old

SAL'S AUTO BODY INC

Date Approved

03/18/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SAL'S AUTO BODY INC

Borrower Address

315 US Highway 22

Borrower City

Green Brook

Borrower State

NJ

Borrower Zip

08812-1701

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158587.00

Current Approval Amount

158587.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Green Brook

Project County Name

SOMERSET

Project State

NJ

Project Zip

08812-1701

CD

NJ-07

Jobs Reported

10

NAICS Code

423210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

158583.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159714.73

Forgiveness Date

12/01/2021

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