PPP Loan information for Team precision auto, llc

$621,575

Team precision auto, llc was initially approved for PPP Loan of amount $621,575, the current approved amount is $621,575. The loan was approved on 04/13/2020 by The Ally Bank reported 49 jobs and $621,575 was used to fund payroll.

Team precision auto, llc is Existing or more than 2 years old

PPP Loan Search / NJ / BUTLER / Team precision auto, llc

TEAM PRECISION AUTO, LLC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TEAM PRECISION AUTO, LLC

Borrower Address

1343 Route 23

Borrower City

BUTLER

Borrower State

NJ

Borrower Zip

07405-1627

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621575.00

Current Approval Amount

621575.00

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

BUTLER

Project County Name

MORRIS

Project State

NJ

Project Zip

07405-1627

CD

NJ-11

Jobs Reported

49

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

621575.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

628947.57

Forgiveness Date

06/24/2021

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