PPP Loan information for Colonie import distributors ltd.

$1,898,240

Colonie import distributors ltd. was initially approved for PPP Loan of amount $1,898,240, the current approved amount is $1,898,240. The loan was approved on 05/07/2021 by The New York Business Development Corporation reported 160 jobs and $1,898,240 was used to fund payroll.

Colonie import distributors ltd. is Existing or more than 2 years old

PPP Loan Search / NY / Schenectady / Colonie import distributors ltd.

COLONIE IMPORT DISTRIBUTORS LTD.

Date Approved

05/07/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

COLONIE IMPORT DISTRIBUTORS LTD.

Borrower Address

2116 Central Ave

Borrower City

Schenectady

Borrower State

NY

Borrower Zip

12304-4469

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1898240.00

Current Approval Amount

1898240.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

224780

Servicing Lender Name

New York Business Development Corporation

Servicing Lender Address

50 Beaver Street

Servicing Lender City

Albany

Servicing Lender State

NY

Servicing Lender Zip

12207-1538

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schenectady

Project County Name

ALBANY

Project State

NY

Project Zip

12304-4469

CD

NY-20

Jobs Reported

160

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1898237.00

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

224780

Originating Lender

New York Business Development Corporation

Originating Lender City

Albany

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1916130.26

Forgiveness Date

04/21/2022

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