Douglas Motors Corp.
$1,721,320 PPP Loan in Summit, New Jersey
Loan Details
- Loan Number
- 7409087200
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,721,320
- Current Approval
- $1,721,320
- Forgiveness Amount
- $1,743,314
- Forgiveness Date
- Aug 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Douglas Motors Corp.
- Address
- 430 Morris Ave
- City
- Summit
- State
- New Jersey
- ZIP Code
- 07901
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Infiniti Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 114
- Estimated Revenue
- $28.7M
- Rural/Urban
- Urban
- Congressional District
- NJ-07
Loan Use Breakdown
- Payroll
- $1,721,320
Lender Information
- Servicing Lender
- Provident Bank
- Originating Lender
- Provident Bank
Other PPP Loans in Summit, NJ
| Business | Approved | |
|---|---|---|
| Simplicity Financial Marketing Holdings Inc. | $5,062,705 |  Research |
| Oak Knoll School of the Holy Child, Inc. | $2,333,000 | Research |
| Kent Place School, Inc. | $1,937,000 | Research |
| Summit Area Ymca | $1,765,100 | Research |
| Collegium Holdings, Inc. | $1,414,409 | Research |
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