PPP Loan information for Somet truck center nj llc

$546,890

Somet truck center nj llc was initially approved for PPP Loan of amount $546,890, the current approved amount is $546,890. The loan was approved on 02/25/2021 by The Valley National Bank reported 29 jobs and $546,890 was used to fund payroll.

Somet truck center nj llc is Existing or more than 2 years old

PPP Loan Search / NJ / Elizabeth / Somet truck center nj llc

SOMET TRUCK CENTER NJ LLC

Date Approved

02/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SOMET TRUCK CENTER NJ LLC

Borrower Address

860 North Ave E

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-2104

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

546890.00

Current Approval Amount

546890.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-2104

CD

NJ-08

Jobs Reported

29

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

546888.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

549882.70

Forgiveness Date

09/20/2021

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