Route 59 Automotive LLC

$652,894 PPP Loan in West Nyack, New York

Loan Details

Loan Number
1760107106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$652,894
Current Approval
$652,894
Forgiveness Amount
$661,478
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Route 59 Automotive LLC
Address
55 South Route 303 0.0
ZIP Code
10994-2720
Business Type
Limited Liability Company(llc)
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
42
Estimated Revenue
$10.6M
Rural/Urban
Urban
Congressional District
NY-17

Loan Use Breakdown

Payroll
$458,080
Rent
$17,000
Utilities
$22,856
Health Care
$42,325
Mortgage Interest
$25,154
Debt Interest
$87,479

Lender Information

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

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