PPP Loan information for Colonial nissan inc.

$983,372

Colonial nissan inc. was initially approved for PPP Loan of amount $983,372, the current approved amount is $983,372. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 77 jobs and $983,372 was used to fund payroll.

Colonial nissan inc. is Existing or more than 2 years old

COLONIAL NISSAN INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

COLONIAL NISSAN INC.

Borrower Address

117 Bustleton Pike

Borrower City

FEASTERVILLE TREVOSE

Borrower State

PA

Borrower Zip

19053-6447

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

983372.00

Current Approval Amount

983372.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - 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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FEASTERVILLE TREVOSE

Project County Name

BUCKS

Project State

PA

Project Zip

19053-6447

CD

PA-01

Jobs Reported

77

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12000.00

Payroll Proceed

808172.00

Mortgage Interest Proceed

0.00

Rent Proceed

109200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

54000.00

Debt Interest Proceed

0

Business Type

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

992559.12

Forgiveness Date

03/31/2021

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