PPP Loan information for Shollywordmotors inc

$42,500

Shollywordmotors inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 01/26/2021 by The Cross River Bank reported 2 jobs and $42,500 was used to fund payroll.

Shollywordmotors inc is Existing or more than 2 years old

SHOLLYWORDMOTORS INC

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SHOLLYWORDMOTORS INC

Borrower Address

330 E Commerce St

Borrower City

Bridgeton

Borrower State

NJ

Borrower Zip

08302-2615

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bridgeton

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08302-2615

CD

NJ-02

Jobs Reported

2

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42498.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42738.70

Forgiveness Date

08/23/2021

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