PPP Loan information for Colonial auto mall inc

$580,887

Colonial auto mall inc was initially approved for PPP Loan of amount $580,887, the current approved amount is $580,887. The loan was approved on 04/11/2020 by The Bank of America, National Association reported 40 jobs and $580,887 was used to fund payroll.

Colonial auto mall inc is Unanswered

PPP Loan Search / NJ / LAKEWOOD / Colonial auto mall inc

COLONIAL AUTO MALL INC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COLONIAL AUTO MALL INC

Borrower Address

1121 Ocean Ave

Borrower City

LAKEWOOD

Borrower State

NJ

Borrower Zip

08701-4515

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

580887.00

Current Approval Amount

580887.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

LAKEWOOD

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-4515

CD

NJ-04

Jobs Reported

40

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

580887.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

585247.63

Forgiveness Date

01/14/2021

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