PPP Loan information for Salerno duane inc

$990,857

Salerno duane inc was initially approved for PPP Loan of amount $990,857, the current approved amount is $990,857. The loan was approved on 03/12/2021 by The Ally Bank reported 74 jobs and $990,857 was used to fund payroll.

Salerno duane inc is Existing or more than 2 years old

PPP Loan Search / NJ / Summit / Salerno duane inc

SALERNO DUANE INC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SALERNO DUANE INC

Borrower Address

267 Broad St

Borrower City

Summit

Borrower State

NJ

Borrower Zip

07901-3500

Loan Status Date

12/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

990857.00

Current Approval Amount

990857.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Summit

Project County Name

UNION

Project State

NJ

Project Zip

07901-3500

CD

NJ-07

Jobs Reported

74

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

990855.00

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

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

996719.57

Forgiveness Date

10/25/2021

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