Newark Motor & Export Corp.
$125,302 PPP Loan in Newark, New Jersey
Loan Details
- Loan Number
- 1651077209
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $125,302
- Current Approval
- $125,302
- Forgiveness Amount
- $126,779
- Forgiveness Date
- Jun 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Newark Motor & Export Corp.
- Address
- 573-589 Ferry St
- City
- Newark
- State
- New Jersey
- ZIP Code
- 07105
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423140)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- $5.5M
- Rural/Urban
- Urban
- Congressional District
- NJ-08
Loan Use Breakdown
- Payroll
- $100,242
- Rent
- $23,060
- Utilities
- $2,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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