Springfield Motorcars INC

$818,508 PPP Loan in Springfield, New Jersey

Loan Details

Loan Number
1383298302
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$818,508
Current Approval
$818,508
Forgiveness Amount
$826,193
Forgiveness Date
Jan 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Springfield Motorcars INC
Address
243 US Highway 22
ZIP Code
07081-3505
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Acura Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$818,506
Utilities
$1

Lender Information

Servicing Lender
Somerset Regal Bank
Originating Lender
Somerset Regal Bank

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