PPP Loan information for Towne motor inc.

$996,392

Towne motor inc. was initially approved for PPP Loan of amount $996,392, the current approved amount is $996,392. The loan was approved on 03/30/2021 by The Toyota Financial Savings Bank reported 68 jobs and $996,392 was used to fund payroll.

Towne motor inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Ledgewood / Towne motor inc.

TOWNE MOTOR INC.

Date Approved

03/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TOWNE MOTOR INC.

Borrower Address

1499 US Highway 46

Borrower City

Ledgewood

Borrower State

NJ

Borrower Zip

07852-9715

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

996392.00

Current Approval Amount

996392.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

387964

Servicing Lender Name

Toyota Financial Savings Bank

Servicing Lender Address

2485 Village View Dr, Ste 200

Servicing Lender City

HENDERSON

Servicing Lender State

NV

Servicing Lender Zip

89074-7133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ledgewood

Project County Name

MORRIS

Project State

NJ

Project Zip

07852-9715

CD

NJ-07

Jobs Reported

68

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

996386.00

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

387964

Originating Lender

Toyota Financial Savings Bank

Originating Lender City

HENDERSON

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1005691.66

Forgiveness Date

03/09/2022

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