PPP Loan information for Teterboro automall inc

$1,194,975

Teterboro automall inc was initially approved for PPP Loan of amount $1,194,975, the current approved amount is $1,194,975. The loan was approved on 03/13/2021 by The Ally Bank reported 71 jobs and $1,194,975 was used to fund payroll.

Teterboro automall inc is Existing or more than 2 years old

PPP Loan Search / NJ / Little Ferry / Teterboro automall inc

TETERBORO AUTOMALL INC

Date Approved

03/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TETERBORO AUTOMALL INC

Borrower Address

469 US Highway 46

Borrower City

Little Ferry

Borrower State

NJ

Borrower Zip

07643-1409

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1194974.75

Current Approval Amount

1194974.75

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

Little Ferry

Project County Name

BERGEN

Project State

NJ

Project Zip

07643-1409

CD

NJ-09

Jobs Reported

71

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1194971.75

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

Corporation

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

1203239.99

Forgiveness Date

11/29/2021

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