PPP Loan information for Central ave chrysler jeep inc

$2,122,800

Central ave chrysler jeep inc was initially approved for PPP Loan of amount $2,122,800, the current approved amount is $2,122,800. The loan was approved on 04/09/2020 by The New York Business Development Corporation reported 89 jobs and $2,122,800 was used to fund payroll.

Central ave chrysler jeep inc is Startup, Loan Funds will Open Business

CENTRAL AVE CHRYSLER JEEP INC

Date Approved

04/09/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

CENTRAL AVE CHRYSLER JEEP INC

Borrower Address

1839 Central Park Ave

Borrower City

Yonkers

Borrower State

NY

Borrower Zip

10710-2828

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2122800.00

Current Approval Amount

2122800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224780

Servicing Lender Name

New York Business Development Corporation

Servicing Lender Address

50 Beaver Street

Servicing Lender City

Albany

Servicing Lender State

NY

Servicing Lender Zip

12207-1538

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Startup, Loan Funds will Open Business

Project City

Yonkers

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10710-2828

CD

NY-16

Jobs Reported

89

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

80000.00

Payroll Proceed

1852800.00

Mortgage Interest Proceed

0.00

Rent Proceed

190000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

224780

Originating Lender

New York Business Development Corporation

Originating Lender City

Albany

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1356037.28

Forgiveness Date

03/08/2022

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