PPP Loan information for Edison motor sales llc

$1,010,737

Edison motor sales llc was initially approved for PPP Loan of amount $1,010,737, the current approved amount is $1,010,737. The loan was approved on 03/24/2021 by The Valley National Bank reported 88 jobs and $1,010,737 was used to fund payroll.

Edison motor sales llc is Existing or more than 2 years old

PPP Loan Search / NJ / Edison / Edison motor sales llc

EDISON MOTOR SALES LLC

Date Approved

03/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

EDISON MOTOR SALES LLC

Borrower Address

401 US Highway 1

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08817-4432

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1010737.00

Current Approval Amount

1010737.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

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

Edison

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08817-4432

CD

NJ-06

Jobs Reported

88

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1010732.00

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

Limited Liability Company(LLC)

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

1017334.87

Forgiveness Date

11/16/2021

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