PPP Loan information for Colonial ford of marlboro inc

$448,975

Colonial ford of marlboro inc was initially approved for PPP Loan of amount $448,975, the current approved amount is $448,975. The loan was approved on 05/27/2021 by The Manufacturers and Traders Trust Company reported 34 jobs and $448,975 was used to fund payroll.

Colonial ford of marlboro inc is Existing or more than 2 years old

PPP Loan Search / MA / Marlborough / Colonial ford of marlboro inc

COLONIAL FORD OF MARLBORO INC

Date Approved

05/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

COLONIAL FORD OF MARLBORO INC

Borrower Address

428 Maple St

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752-3253

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

448975.00

Current Approval Amount

448975.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company 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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marlborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-3253

CD

MA-03

Jobs Reported

34

NAICS Code

423110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

448973.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;