PPP Loan information for Vp motors

$327,900

Vp motors was initially approved for PPP Loan of amount $327,900, the current approved amount is $327,900. The loan was approved on 04/08/2020 by The Loan Source Incorporated reported 39 jobs and $327,900 was used to fund payroll.

Vp motors is Existing or more than 2 years old

VP MOTORS

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VP MOTORS

Borrower Address

820 US Highway 1

Borrower City

WOODBRIDGE

Borrower State

NJ

Borrower Zip

07095-0101

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327900.00

Current Approval Amount

327900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODBRIDGE

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07095-0101

CD

NJ-06

Jobs Reported

39

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

327900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

203241

Originating Lender

BCB Community Bank

Originating Lender City

BAYONNE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

331718.01

Forgiveness Date

06/16/2021

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