Maxon Hyundai, Inc.

$1,169,700 PPP Loan in Union, New Jersey

Loan Details

Loan Number
1184948304
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$1,169,700
Current Approval
$1,169,700
Forgiveness Amount
$1,179,935
Forgiveness Date
Dec 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Maxon Hyundai, Inc.
Address
2329 US Highway 22 W
City
Union
ZIP Code
07083-8517
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.2M
Rural/Urban
Urban
Congressional District
NJ-10

Loan Use Breakdown

Payroll
$1,169,695
Utilities
$1

Lender Information

Servicing Lender
Magyar Bank
Originating Lender
Magyar Bank

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