PPP Loan information for Maxon hyundai, inc.

$1,169,700

Maxon hyundai, inc. was initially approved for PPP Loan of amount $1,169,700, the current approved amount is $1,169,700. The loan was approved on 01/16/2021 by The Magyar Bank reported 80 jobs and $1,169,700 was used to fund payroll.

Maxon hyundai, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Union / Maxon hyundai, inc.

MAXON HYUNDAI, INC.

Date Approved

01/16/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAXON HYUNDAI, INC.

Borrower Address

2329 US Highway 22 W

Borrower City

Union

Borrower State

NJ

Borrower Zip

07083-8517

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1169700.00

Current Approval Amount

1169700.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

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

UNION

Project State

NJ

Project Zip

07083-8517

CD

NJ-10

Jobs Reported

80

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1169695.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1179934.88

Forgiveness Date

12/15/2021

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