PPP Loan information for #1 cochran buick gmc inc

$3,904,412

#1 cochran buick gmc inc was initially approved for PPP Loan of amount $3,904,412, the current approved amount is $3,904,412. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 271 jobs and $3,904,412 was used to fund payroll.

#1 cochran buick gmc inc is Existing or more than 2 years old

#1 COCHRAN BUICK GMC INC

Date Approved

04/14/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

#1 COCHRAN BUICK GMC INC

Borrower Address

4520 William Penn Highway

Borrower City

Monroeville

Borrower State

PA

Borrower Zip

15146

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3904412.00

Current Approval Amount

3904412.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroeville

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15146-0001

CD

PA-12

Jobs Reported

271

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75000.00

Payroll Proceed

3000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

529412.00

Refinance EIDL Proceed

0.00

Health Care Proceed

300000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3948911.60

Forgiveness Date

06/11/2021

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