PPP Loan information for Inter city tire & auto center inc

$1,116,447

Inter city tire & auto center inc was initially approved for PPP Loan of amount $1,116,447, the current approved amount is $1,116,447. The loan was approved on 04/13/2020 by The Valley National Bank reported 78 jobs and $1,116,447 was used to fund payroll.

Inter city tire & auto center inc is Existing or more than 2 years old

PPP Loan Search / NJ / ELIZABETH / Inter city tire & auto center inc

INTER CITY TIRE & AUTO CENTER INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INTER CITY TIRE & AUTO CENTER INC

Borrower Address

777 Dowd Ave

Borrower City

ELIZABETH

Borrower State

NJ

Borrower Zip

07201-2118

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1116447.00

Current Approval Amount

1116447.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH

Project County Name

UNION

Project State

NJ

Project Zip

07201-2118

CD

NJ-08

Jobs Reported

78

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1116447.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1126712.11

Forgiveness Date

03/18/2021

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