PPP Loan information for Valley stream foreign cars inc

$1,162,977

Valley stream foreign cars inc was initially approved for PPP Loan of amount $1,162,977, the current approved amount is $1,162,977. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 96 jobs and $1,162,977 was used to fund payroll.

Valley stream foreign cars inc is Existing or more than 2 years old

PPP Loan Search / NY / Valley Stream / Valley stream foreign cars inc

VALLEY STREAM FOREIGN CARS INC

Date Approved

04/10/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

VALLEY STREAM FOREIGN CARS INC

Borrower Address

164 E Sunrise HWY 0.0

Borrower City

Valley Stream

Borrower State

NY

Borrower Zip

11581-1314

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1162977.00

Current Approval Amount

1162977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valley Stream

Project County Name

NASSAU

Project State

NY

Project Zip

11581-1314

CD

NY-04

Jobs Reported

96

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31000.00

Payroll Proceed

874999.00

Mortgage Interest Proceed

0.00

Rent Proceed

112978.00

Refinance EIDL Proceed

0.00

Health Care Proceed

144000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1175039.01

Forgiveness Date

04/27/2021

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