PPP Loan information for Terry's auto body inc

$125,000

Terry's auto body inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 01/29/2021 by The Valley National Bank reported 15 jobs and $125,000 was used to fund payroll.

Terry's auto body inc is Existing or more than 2 years old

TERRY'S AUTO BODY INC

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TERRY'S AUTO BODY INC

Borrower Address

715 State Route 10

Borrower City

Whippany

Borrower State

NJ

Borrower Zip

07981-1193

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Whippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07981-1193

CD

NJ-11

Jobs Reported

15

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124997.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125840.28

Forgiveness Date

10/26/2021

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