PPP Loan information for Carousel auto inc

$1,500,967

Carousel auto inc was initially approved for PPP Loan of amount $1,500,967, the current approved amount is $1,500,967. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 103 jobs and $1,500,967 was used to fund payroll.

Carousel auto inc is Existing or more than 2 years old

PPP Loan Search / PA / Glen Mills / Carousel auto inc

CAROUSEL AUTO INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CAROUSEL AUTO INC

Borrower Address

1050 Baltimore Pike

Borrower City

Glen Mills

Borrower State

PA

Borrower Zip

19342

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1500967.00

Current Approval Amount

1500967.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer 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

Glen Mills

Project County Name

DELAWARE

Project State

PA

Project Zip

19342-0001

CD

PA-05

Jobs Reported

103

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62232.00

Payroll Proceed

1069735.00

Mortgage Interest Proceed

80000.00

Rent Proceed

200000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

71000.00

Debt Interest Proceed

18000

Business Type

Subchapter S 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

1510507.39

Forgiveness Date

12/09/2020

;