PPP Loan information for Tower auto mall inc

$139,933

Tower auto mall inc was initially approved for PPP Loan of amount $139,933, the current approved amount is $139,933. The loan was approved on 02/24/2021 by The Customers Bank reported 6 jobs and $139,933 was used to fund payroll.

Tower auto mall inc is Existing or more than 2 years old

TOWER AUTO MALL INC

Date Approved

02/24/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

TOWER AUTO MALL INC

Borrower Address

3110 Queens Blvd N/A

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11101-3002

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139933.00

Current Approval Amount

139933.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11101-3002

CD

NY-07

Jobs Reported

6

NAICS Code

532112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

139929.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

141704.21

Forgiveness Date

06/09/2022

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