PPP Loan information for Valley stream foreign cars inc

$1,037,640

Valley stream foreign cars inc was initially approved for PPP Loan of amount $1,037,640, the current approved amount is $1,037,640. The loan was approved on 05/18/2021 by The Wells Fargo Bank, National Association reported 90 jobs and $1,037,640 was used to fund payroll.

Valley stream foreign cars inc is Existing or more than 2 years old

PPP Loan Search / NY / Valley Stream / Valley stream foreign cars inc

VALLEY STREAM FOREIGN CARS INC

Date Approved

05/18/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

VALLEY STREAM FOREIGN CARS INC

Borrower Address

164 E Sunrise Hwy

Borrower City

Valley Stream

Borrower State

NY

Borrower Zip

11581-1314

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1037640.00

Current Approval Amount

1037640.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valley Stream

Project County Name

NASSAU

Project State

NY

Project Zip

11581-1314

CD

NY-04

Jobs Reported

90

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1037640.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1043211.98

Forgiveness Date

12/03/2021

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