PPP Loan information for Kent county motor sales co.

$668,425

Kent county motor sales co. was initially approved for PPP Loan of amount $668,425, the current approved amount is $668,425. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 55 jobs and $668,425 was used to fund payroll.

Kent county motor sales co. is Existing or more than 2 years old

PPP Loan Search / DE / DOVER / Kent county motor sales co.

KENT COUNTY MOTOR SALES CO.

Date Approved

04/13/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

KENT COUNTY MOTOR SALES CO.

Borrower Address

2181 S. DUPONT HIGHWAY

Borrower City

DOVER

Borrower State

DE

Borrower Zip

19901-5556

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

668425.00

Current Approval Amount

668425.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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

DOVER

Project County Name

KENT

Project State

DE

Project Zip

19901-5556

CD

DE-

Jobs Reported

55

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10040.00

Payroll Proceed

496666.00

Mortgage Interest Proceed

0.00

Rent Proceed

110000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29719.00

Debt Interest Proceed

22000

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

672783.50

Forgiveness Date

12/15/2020

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