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 04/15/2020 by The Manufacturers and Traders Trust Company reported 164 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

04/15/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

COLONIE IMPORT DISTRIBUTORS LTD

Borrower Address

2116 Central Avenue

Borrower City

Schenectady

Borrower State

NY

Borrower Zip

12304

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1898240.00

Current Approval Amount

1898240.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schenectady

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12304-0001

CD

NY-20

Jobs Reported

164

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19388.00

Payroll Proceed

1404698.00

Mortgage Interest Proceed

0.00

Rent Proceed

350000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18982.00

Debt Interest Proceed

105172

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

1923983.25

Forgiveness Date

08/31/2021

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