Newark Chrysler Jeep INC

$485,000 PPP Loan in Newark, Delaware

Loan Details

Loan Number
1256117110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$485,000
Current Approval
$485,000
Forgiveness Amount
$490,981
Forgiveness Date
Jul 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newark Chrysler Jeep INC
Address
244 East Cleveland Avenue 0.0
City
Newark
ZIP Code
19711-3711
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$400,000
Utilities
$20,000
Health Care
$25,000
Mortgage Interest
$40,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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