PPP Loan information for Colonial ford of marlboro, inc

$440,000

Colonial ford of marlboro, inc was initially approved for PPP Loan of amount $440,000, the current approved amount is $440,000. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 40 jobs and $440,000 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

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COLONIAL FORD OF MARLBORO, INC

Borrower Address

428 Maple Street

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

440000.00

Current Approval Amount

440000.00

Undisbursed Amount

0.00

Franchise Name

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

01752-0001

CD

MA-03

Jobs Reported

40

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

372355.00

Mortgage Interest Proceed

0.00

Rent Proceed

27717.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9928.00

Debt Interest Proceed

20000

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

450294.79

Forgiveness Date

08/26/2022

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