PPP Loan information for Mjc auto enterprise

$571,600

Mjc auto enterprise was initially approved for PPP Loan of amount $571,600, the current approved amount is $571,600. The loan was approved on 01/19/2021 by The Magyar Bank reported 37 jobs and $571,600 was used to fund payroll.

Mjc auto enterprise is Existing or more than 2 years old

PPP Loan Search / NJ / Union / Mjc auto enterprise

MJC AUTO ENTERPRISE

Date Approved

01/19/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MJC AUTO ENTERPRISE

Borrower Address

2301 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

571600.00

Current Approval Amount

571600.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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

37

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

571595.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

576585.62

Forgiveness Date

12/14/2021

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