PPP Loan information for Mcfarland automotive inc

$42,663

Mcfarland automotive inc was initially approved for PPP Loan of amount $42,663, the current approved amount is $42,663. The loan was approved on 05/01/2020 by The Cross River Bank reported 3 jobs and $42,663 was used to fund payroll.

Mcfarland automotive inc is New Business or 2 years or less

PPP Loan Search / UT / Orem / Mcfarland automotive inc

MCFARLAND AUTOMOTIVE INC

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MCFARLAND AUTOMOTIVE INC

Borrower Address

1533 S State St

Borrower City

Orem

Borrower State

UT

Borrower Zip

84057

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42663.00

Current Approval Amount

42663.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Orem

Project County Name

UTAH

Project State

UT

Project Zip

84057-1201

CD

UT-03

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42663.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43014.82

Forgiveness Date

03/09/2021

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