PPP Loan information for Automall 46 inc

$1,313,940

Automall 46 inc was initially approved for PPP Loan of amount $1,313,940, the current approved amount is $1,313,940. The loan was approved on 04/01/2021 by The Valley National Bank reported 97 jobs and $1,313,940 was used to fund payroll.

Automall 46 inc is Existing or more than 2 years old

AUTOMALL 46 INC

Date Approved

04/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AUTOMALL 46 INC

Borrower Address

440 US Highway 46

Borrower City

Totowa

Borrower State

NJ

Borrower Zip

07512-1826

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1313940.00

Current Approval Amount

1313940.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Totowa

Project County Name

PASSAIC

Project State

NJ

Project Zip

07512-1826

CD

NJ-11

Jobs Reported

97

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1313935.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1322115.63

Forgiveness Date

11/16/2021

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