PPP Loan information for Schumacher chevrolet, inc.

$1,127,373

Schumacher chevrolet, inc. was initially approved for PPP Loan of amount $1,127,373, the current approved amount is $1,127,373. The loan was approved on 04/14/2020 by The Lakeland Bank reported 77 jobs and $1,127,373 was used to fund payroll.

Schumacher chevrolet, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / LITTLE FALLS / Schumacher chevrolet, inc.

SCHUMACHER CHEVROLET, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SCHUMACHER CHEVROLET, INC.

Borrower Address

8 Main St

Borrower City

LITTLE FALLS

Borrower State

NJ

Borrower Zip

07424-1524

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1127372.50

Current Approval Amount

1127372.50

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

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

LITTLE FALLS

Project County Name

PASSAIC

Project State

NJ

Project Zip

07424-1524

CD

NJ-11

Jobs Reported

77

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1127372.50

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1139053.33

Forgiveness Date

05/05/2021

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