PPP Loan information for L&d motors inc

$702,010

L&d motors inc was initially approved for PPP Loan of amount $702,010, the current approved amount is $702,010. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 64 jobs and $702,010 was used to fund payroll.

L&d motors inc is Existing or more than 2 years old

L&D MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

L&D MOTORS INC

Borrower Address

20 Palomba Drive

Borrower City

Enfield

Borrower State

CT

Borrower Zip

06082

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

702010.00

Current Approval Amount

702010.00

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

Enfield

Project County Name

HARTFORD

Project State

CT

Project Zip

06082-1800

CD

CT-02

Jobs Reported

64

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18348.00

Payroll Proceed

519487.00

Mortgage Interest Proceed

0.00

Rent Proceed

131502.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7020.00

Debt Interest Proceed

25653

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

Unanswered

Non Profit

Forgiveness Amount

711357.31

Forgiveness Date

08/27/2021

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