PPP Loan information for Trend motors ltd

$798,100

Trend motors ltd was initially approved for PPP Loan of amount $798,100, the current approved amount is $798,100. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 58 jobs and $798,100 was used to fund payroll.

Trend motors ltd is Existing or more than 2 years old

TREND MOTORS LTD

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TREND MOTORS LTD

Borrower Address

221 Route 46

Borrower City

ROCKAWAY

Borrower State

NJ

Borrower Zip

07866-3848

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

798100.00

Current Approval Amount

798100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKAWAY

Project County Name

MORRIS

Project State

NJ

Project Zip

07866-3848

CD

NJ-11

Jobs Reported

58

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

159614.00

Payroll Proceed

638486.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

804196.60

Forgiveness Date

01/25/2021

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