PPP Loan information for Wayne's auto sales inc

$136,962

Wayne's auto sales inc was initially approved for PPP Loan of amount $136,962, the current approved amount is $136,962. The loan was approved on 02/03/2021 by The Valley National Bank reported 12 jobs and $136,962 was used to fund payroll.

Wayne's auto sales inc is Existing or more than 2 years old

WAYNE'S AUTO SALES INC

Date Approved

02/03/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

WAYNE'S AUTO SALES INC

Borrower Address

1301 1st St N

Borrower City

Alabaster

Borrower State

AL

Borrower Zip

35007-8963

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136962.00

Current Approval Amount

136962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alabaster

Project County Name

SHELBY

Project State

AL

Project Zip

35007-8963

CD

AL-06

Jobs Reported

12

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

136957.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

138152.81

Forgiveness Date

12/16/2021

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