PPP Loan information for L.t. begnal motor co inc

$603,800

L.t. begnal motor co inc was initially approved for PPP Loan of amount $603,800, the current approved amount is $603,800. The loan was approved on 04/27/2020 by The Rondout Savings Bank reported 56 jobs and $603,800 was used to fund payroll.

L.t. begnal motor co inc is Existing or more than 2 years old

PPP Loan Search / NY / Kingston / L.t. begnal motor co inc

L.T. BEGNAL MOTOR CO INC

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

L.T. BEGNAL MOTOR CO INC

Borrower Address

129 Route 28

Borrower City

Kingston

Borrower State

NY

Borrower Zip

12401

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

603800.00

Current Approval Amount

603800.00

Undisbursed Amount

0.00

Franchise Name

Fiat Dealer Agreement

Servicing Lender Location Id

47354

Servicing Lender Name

Rondout Savings Bank

Servicing Lender Address

300 Broadway

Servicing Lender City

KINGSTON

Servicing Lender State

NY

Servicing Lender Zip

12401-5146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kingston

Project County Name

ULSTER

Project State

NY

Project Zip

12401-0401

CD

NY-18

Jobs Reported

56

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

603800.00

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

Corporation

Originating Lender Location Id

47354

Originating Lender

Rondout Savings Bank

Originating Lender City

KINGSTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

612236.66

Forgiveness Date

09/22/2021

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