PPP Loan information for Young volkswagen inc.

$963,032

Young volkswagen inc. was initially approved for PPP Loan of amount $963,033, the current approved amount is $963,032. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 65 jobs and $963,032 was used to fund payroll.

Young volkswagen inc. is Existing or more than 2 years old

YOUNG VOLKSWAGEN INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

YOUNG VOLKSWAGEN INC.

Borrower Address

191 Commerce Park Drive

Borrower City

Easton

Borrower State

PA

Borrower Zip

18045

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

963032.95

Current Approval Amount

963032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Easton

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18045-1901

CD

PA-07

Jobs Reported

65

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

120379.00

Payroll Proceed

722274.00

Mortgage Interest Proceed

0.00

Rent Proceed

120379.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

973946.36

Forgiveness Date

06/04/2021

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