PPP Loan information for Schumacher chevrolet inc

$1,063,110

Schumacher chevrolet inc was initially approved for PPP Loan of amount $1,063,110, the current approved amount is $1,063,110. The loan was approved on 02/12/2021 by The Lakeland Bank reported 79 jobs and $1,063,110 was used to fund payroll.

Schumacher chevrolet inc is Existing or more than 2 years old

PPP Loan Search / NJ / Little Falls / Schumacher chevrolet inc

SCHUMACHER CHEVROLET INC

Date Approved

02/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SCHUMACHER CHEVROLET INC

Borrower Address

8 Main St

Borrower City

Little Falls

Borrower State

NJ

Borrower Zip

07424-1524

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1063110.00

Current Approval Amount

1063110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Falls

Project County Name

PASSAIC

Project State

NJ

Project Zip

07424-1524

CD

NJ-11

Jobs Reported

79

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1063105.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1070669.89

Forgiveness Date

11/03/2021

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