Welsh's Motor Sales Inc.

$281,810 PPP Loan in Far Hills, New Jersey

Loan Details

Loan Number
1736228408
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$281,810
Current Approval
$281,810
Forgiveness Amount
$284,481
Forgiveness Date
Jan 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Welsh's Motor Sales Inc.
Address
36 Dumont Rd
ZIP Code
07931
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Jeep - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$281,809
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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