Intercar Inc.

$554,300 PPP Loan in Newton, New Jersey

Loan Details

Loan Number
2534838606
Date Approved
Mar 15, 2021
Loan Status
Paid in Full
Initial Approval
$554,300
Current Approval
$554,300
Forgiveness Amount
$558,411
Forgiveness Date
Dec 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Intercar Inc.
Address
92 Hampton House Rd
City
Newton
ZIP Code
07860-1410
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mercedes-Benz - Passenger Car Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$554,298
Utilities
$1

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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