PPP Loan information for Allentown car connection inc

$875,325

Allentown car connection inc was initially approved for PPP Loan of amount $875,325, the current approved amount is $875,325. The loan was approved on 03/25/2021 by The TD Bank, National Association reported 57 jobs and $875,325 was used to fund payroll.

Allentown car connection inc is Existing or more than 2 years old

PPP Loan Search / PA / Allentown / Allentown car connection inc

ALLENTOWN CAR CONNECTION INC

Date Approved

03/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ALLENTOWN CAR CONNECTION INC

Borrower Address

2350 Lehigh St

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18103-4703

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

875325.00

Current Approval Amount

875325.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18103-4703

CD

PA-07

Jobs Reported

57

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

875319.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

879774.57

Forgiveness Date

09/29/2021

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