PPP Loan information for Vip auto outlet inc

$196,938

Vip auto outlet inc was initially approved for PPP Loan of amount $196,938, the current approved amount is $196,938. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 14 jobs and $196,938 was used to fund payroll.

Vip auto outlet inc is Existing or more than 2 years old

VIP AUTO OUTLET INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VIP AUTO OUTLET INC

Borrower Address

2809 Route 73

Borrower City

Maple Shade

Borrower State

NJ

Borrower Zip

08052

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196937.50

Current Approval Amount

196937.50

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

Maple Shade

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08052-0015

CD

NJ-01

Jobs Reported

14

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24617.00

Payroll Proceed

147703.50

Mortgage Interest Proceed

24617.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197998.77

Forgiveness Date

11/05/2020

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