Shrewsbury Motors, Inc.

$396,268 PPP Loan in Tinton Falls, New Jersey

Loan Details

Loan Number
5617567110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$396,268
Current Approval
$396,268
Forgiveness Amount
$399,384
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shrewsbury Motors, Inc.
Address
702 Shrewsbury Ave
ZIP Code
07701-4911
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
NJ-04

Loan Use Breakdown

Payroll
$396,268

Lender Information

Servicing Lender
Bank of Ann Arbor
Originating Lender
Bank of Ann Arbor

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