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 01/27/2021 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

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PREFERRED MOTOR COACH, INC

Borrower Address

406 32nd St

Borrower City

Union City

Borrower State

NJ

Borrower Zip

07087-3978

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47797.50

Current Approval Amount

47797.50

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

07087-3978

CD

NJ-08

Jobs Reported

8

NAICS Code

485510

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47797.50

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

48215.73

Forgiveness Date

12/14/2021

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