PPP Loan information for Sparta discount tire inc

$100,265

Sparta discount tire inc was initially approved for PPP Loan of amount $100,265, the current approved amount is $100,265. The loan was approved on 04/13/2020 by The First Hope Bank, A National Banking Association reported 7 jobs and $100,265 was used to fund payroll.

Sparta discount tire inc is Existing or more than 2 years old

SPARTA DISCOUNT TIRE INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SPARTA DISCOUNT TIRE INC

Borrower Address

150 Woodport Rd

Borrower City

Sparta

Borrower State

NJ

Borrower Zip

07871-2328

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100265.00

Current Approval Amount

100265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43706

Servicing Lender Name

First Hope Bank, A National Banking Association

Servicing Lender Address

1301 Hope Bridgeville Rd

Servicing Lender City

HOPE

Servicing Lender State

NJ

Servicing Lender Zip

07844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sparta

Project County Name

SUSSEX

Project State

NJ

Project Zip

07871-2328

CD

NJ-07

Jobs Reported

7

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10026.50

Payroll Proceed

80212.00

Mortgage Interest Proceed

10026.50

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

43706

Originating Lender

First Hope Bank, A National Banking Association

Originating Lender City

HOPE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101145.10

Forgiveness Date

03/10/2021

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