PPP Loan information for Sc auto corp

$1,706,675

Sc auto corp was initially approved for PPP Loan of amount $1,706,675, the current approved amount is $1,706,675. The loan was approved on 01/27/2021 by The Valley National Bank reported 93 jobs and $1,706,675 was used to fund payroll.

Sc auto corp is Existing or more than 2 years old

SC AUTO CORP

Date Approved

01/27/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

SC AUTO CORP

Borrower Address

360 E Main St

Borrower City

Smithtown

Borrower State

NY

Borrower Zip

11787-2902

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1706675.00

Current Approval Amount

1706675.00

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

Smithtown

Project County Name

SUFFOLK

Project State

NY

Project Zip

11787-2902

CD

NY-01

Jobs Reported

93

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1706669.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1724263.23

Forgiveness Date

02/08/2022

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