PPP Loan information for Preferred motor coach, inc

$47,798

Preferred motor coach, inc was initially approved for PPP Loan of amount $47,798, the current approved amount is $47,798. The loan was approved on 04/29/2020 by The Valley National Bank reported 8 jobs and $47,798 was used to fund payroll.

Preferred motor coach, inc is Existing or more than 2 years old

PPP Loan Search / NJ / Union City / Preferred motor coach, inc

PREFERRED MOTOR COACH, INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PREFERRED MOTOR COACH, INC

Borrower Address

406 32ND STREET

Borrower City

Union City

Borrower State

NJ

Borrower Zip

07087

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47798.00

Current Approval Amount

47798.00

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

Union City

Project County Name

HUDSON

Project State

NJ

Project Zip

07087-0001

CD

NJ-08

Jobs Reported

8

NAICS Code

485510

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47798.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48356.97

Forgiveness Date

07/06/2021

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