PPP Loan information for Foreign tire sales, inc.

$316,434

Foreign tire sales, inc. was initially approved for PPP Loan of amount $316,434, the current approved amount is $316,434. The loan was approved on 04/09/2020 by The Valley National Bank reported 24 jobs and $316,434 was used to fund payroll.

Foreign tire sales, inc. is Existing or more than 2 years old

FOREIGN TIRE SALES, INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FOREIGN TIRE SALES, INC.

Borrower Address

2444 Morris Ave Suite 206

Borrower City

Union

Borrower State

NJ

Borrower Zip

07803

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316434.00

Current Approval Amount

316434.00

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

Union

Project County Name

MORRIS

Project State

NJ

Project Zip

07803-2300

CD

NJ-07

Jobs Reported

24

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

316434.00

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

318552.35

Forgiveness Date

12/15/2020

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