PPP Loan information for Stoler of queens, inc. dba silver star motors

$2,011,128

Stoler of queens, inc. dba silver star motors was initially approved for PPP Loan of amount $1,705,400, the current approved amount is $2,011,128. The loan was approved on 04/09/2020 by The Truist Bank reported 119 jobs and $2,011,128 was used to fund payroll.

Stoler of queens, inc. dba silver star motors is New Business or 2 years or less

PPP Loan Search / NY / LONG ISLAND CITY / Stoler of queens, inc. dba silver star motors

STOLER OF QUEENS, INC. DBA SILVER STAR MOTORS

Date Approved

04/09/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

STOLER OF QUEENS, INC. DBA SILVER STAR MOTORS

Borrower Address

3611 NORTHERN BLVD

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101-1613

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1705400.00

Current Approval Amount

2011127.50

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car Dealer Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-1613

CD

NY-07

Jobs Reported

119

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2011127.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2034646.52

Forgiveness Date

06/17/2021

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