PPP Loan information for Town motors

$457,700

Town motors was initially approved for PPP Loan of amount $457,700, the current approved amount is $457,700. The loan was approved on 04/08/2020 by The PNC Bank, National Association reported 33 jobs and $457,700 was used to fund payroll.

Town motors is Existing or more than 2 years old

TOWN MOTORS

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TOWN MOTORS

Borrower Address

135 S. Dean St

Borrower City

ENGLEWOOD

Borrower State

NJ

Borrower Zip

07631-3512

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

457700.00

Current Approval Amount

457700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ENGLEWOOD

Project County Name

BERGEN

Project State

NJ

Project Zip

07631-3512

CD

NJ-05

Jobs Reported

33

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

457700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

462175.29

Forgiveness Date

04/02/2021

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