PPP Loan information for Colonial motor cars ltd

$501,895

Colonial motor cars ltd was initially approved for PPP Loan of amount $501,895, the current approved amount is $501,895. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 32 jobs and $501,895 was used to fund payroll.

Colonial motor cars ltd is Existing or more than 2 years old

PPP Loan Search / NY / Kingston / Colonial motor cars ltd

COLONIAL MOTOR CARS LTD

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

COLONIAL MOTOR CARS LTD

Borrower Address

761 E. Chester St

Borrower City

Kingston

Borrower State

NY

Borrower Zip

12401

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501895.00

Current Approval Amount

501895.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kingston

Project County Name

ULSTER

Project State

NY

Project Zip

12401-0401

CD

NY-18

Jobs Reported

32

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17180.00

Payroll Proceed

427045.00

Mortgage Interest Proceed

0.00

Rent Proceed

44000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12180.00

Debt Interest Proceed

1490

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

507862.74

Forgiveness Date

07/06/2021

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