PPP Loan information for World automotive transmission ii inc

$37,570

World automotive transmission ii inc was initially approved for PPP Loan of amount $37,570, the current approved amount is $37,570. The loan was approved on 05/01/2020 by The Valley National Bank reported 3 jobs and $37,570 was used to fund payroll.

World automotive transmission ii inc is Existing or more than 2 years old

PPP Loan Search / NJ / Passaic / World automotive transmission ii inc

WORLD AUTOMOTIVE TRANSMISSION II INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

WORLD AUTOMOTIVE TRANSMISSION II INC

Borrower Address

453-455 Van Houten Ave

Borrower City

Passaic

Borrower State

NJ

Borrower Zip

07055

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37570.00

Current Approval Amount

37570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Passaic

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-0001

CD

NJ-09

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37570.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38109.55

Forgiveness Date

10/07/2021

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