Benzel-Busch Motor Carp Corp

$2,926,665 PPP Loan in Englewood, New Jersey

Loan Details

Loan Number
1878267103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,926,665
Current Approval
$2,926,665
Forgiveness Amount
$2,960,605
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Benzel-Busch Motor Carp Corp
Address
28 Grand Ave 0.0
ZIP Code
07631-3744
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
163
Estimated Revenue
$41.1M
Rural/Urban
Urban
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$2,199,999
Rent
$520,000
Utilities
$35,000
Health Care
$171,666

Lender Information

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

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