PPP Loan information for Team precision auto llc

$622,578

Team precision auto llc was initially approved for PPP Loan of amount $622,578, the current approved amount is $622,578. The loan was approved on 03/25/2021 by The Ally Bank reported 43 jobs and $622,578 was used to fund payroll.

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

TEAM PRECISION AUTO LLC

Date Approved

03/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TEAM PRECISION AUTO LLC

Borrower Address

1341 State Rt 23

Borrower City

Butler

Borrower State

NJ

Borrower Zip

07405-1727

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

622578.03

Current Approval Amount

622578.03

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

07405-1727

CD

NJ-11

Jobs Reported

43

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

622576.03

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

627212.78

Forgiveness Date

12/29/2021

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