PPP Loan information for Towne auto sales, inc.

$192,425

Towne auto sales, inc. was initially approved for PPP Loan of amount $192,425, the current approved amount is $192,425. The loan was approved on 04/11/2020 by The Valley National Bank reported 20 jobs and $192,425 was used to fund payroll.

Towne auto sales, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / KEARNY / Towne auto sales, inc.

TOWNE AUTO SALES, INC.

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TOWNE AUTO SALES, INC.

Borrower Address

319 Kearny Ave.

Borrower City

KEARNY

Borrower State

NJ

Borrower Zip

07032-2623

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192425.00

Current Approval Amount

192425.00

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

KEARNY

Project County Name

HUDSON

Project State

NJ

Project Zip

07032-2623

CD

NJ-09

Jobs Reported

20

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

192425.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

193905.60

Forgiveness Date

02/01/2021

;