PPP Loan information for Biener auto group, inc.

$1,871,275

Biener auto group, inc. was initially approved for PPP Loan of amount $1,871,275, the current approved amount is $1,871,275. The loan was approved on 04/30/2020 by The Valley National Bank reported 102 jobs and $1,871,275 was used to fund payroll.

Biener auto group, inc. is Existing or more than 2 years old

BIENER AUTO GROUP, INC.

Date Approved

04/30/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

BIENER AUTO GROUP, INC.

Borrower Address

795 Northern Blvd

Borrower City

GREAT NECK

Borrower State

NY

Borrower Zip

11021

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1871275.00

Current Approval Amount

1871275.00

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

GREAT NECK

Project County Name

NASSAU

Project State

NY

Project Zip

11021-1000

CD

NY-03

Jobs Reported

102

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1871275.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1887544.70

Forgiveness Date

03/18/2021

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