Ciocca Motorsports INC
$789,602 PPP Loan in Flemington, New Jersey
Loan Details
- Loan Number
- 8187527101
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $789,602
- Current Approval
- $789,602
- Forgiveness Amount
- $798,515
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ciocca Motorsports INC
- Address
- 135 New Jersey 31
- City
- Flemington
- State
- New Jersey
- ZIP Code
- 08822
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Mercedes-Benz - Passenger Car Dealer Agreement
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 61
- Estimated Revenue
- $15.4M
- Rural/Urban
- Rural
- Congressional District
- NJ-07
Loan Use Breakdown
- Payroll
- $505,602
- Rent
- $180,000
- Utilities
- $8,000
- Health Care
- $26,000
- Debt Interest
- $70,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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