PPP Loan information for Sylvan automotive llc

$330,424

Sylvan automotive llc was initially approved for PPP Loan of amount $330,424, the current approved amount is $330,424. The loan was approved on 04/13/2020 by The Ally Bank reported 17 jobs and $330,424 was used to fund payroll.

Sylvan automotive llc is Existing or more than 2 years old

SYLVAN AUTOMOTIVE LLC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SYLVAN AUTOMOTIVE LLC

Borrower Address

100 SYLVAN AVE

Borrower City

ENGLEWOOD CLIFFS

Borrower State

NJ

Borrower Zip

07632-2544

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330424.00

Current Approval Amount

330424.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ENGLEWOOD CLIFFS

Project County Name

BERGEN

Project State

NJ

Project Zip

07632-2544

CD

NJ-05

Jobs Reported

17

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

330424.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

332819.57

Forgiveness Date

01/08/2021

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