PPP Loan information for New vernon auto repair, inc.

$54,067

New vernon auto repair, inc. was initially approved for PPP Loan of amount $54,067, the current approved amount is $54,067. The loan was approved on 04/28/2020 by The Lakeland Bank reported 4 jobs and $54,067 was used to fund payroll.

New vernon auto repair, inc. is Existing or more than 2 years old

NEW VERNON AUTO REPAIR, INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEW VERNON AUTO REPAIR, INC.

Borrower Address

960 Mount Kemble Avenue

Borrower City

MORRISTOWN

Borrower State

NJ

Borrower Zip

07960

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54066.92

Current Approval Amount

54066.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRISTOWN

Project County Name

MORRIS

Project State

NJ

Project Zip

07960-2101

CD

NJ-11

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54066.92

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

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54606.09

Forgiveness Date

05/05/2021

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