Ciocca Chevrolet of Princeton INC

$742,752 PPP Loan in Lawrence Township, New Jersey

Loan Details

Loan Number
6948017108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$742,752
Current Approval
$742,752
Forgiveness Amount
$751,197
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ciocca Chevrolet of Princeton INC
Address
200 Renaissance Blvd
ZIP Code
08648
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
NJ-03

Loan Use Breakdown

Payroll
$623,052
Rent
$66,000
Utilities
$24,000
Health Care
$15,700
Debt Interest
$14,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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