PPP Loan information for Colonial motors inc

$188,345

Colonial motors inc was initially approved for PPP Loan of amount $188,345, the current approved amount is $188,345. The loan was approved on 04/10/2020 by The Fulton Bank, National Association reported 13 jobs and $188,345 was used to fund payroll.

Colonial motors inc is Existing or more than 2 years old

PPP Loan Search / DE / Smyrna / Colonial motors inc

COLONIAL MOTORS INC

Date Approved

04/10/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

COLONIAL MOTORS INC

Borrower Address

205 N DuPont Blvd

Borrower City

Smyrna

Borrower State

DE

Borrower Zip

19977-1546

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188345.00

Current Approval Amount

188345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Smyrna

Project County Name

KENT

Project State

DE

Project Zip

19977-1546

CD

DE-

Jobs Reported

13

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23543.13

Payroll Proceed

141258.75

Mortgage Interest Proceed

0.00

Rent Proceed

23543.12

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

190212.75

Forgiveness Date

04/14/2021

;