PPP Loan information for Scranton motors inc.

$865,000

Scranton motors inc. was initially approved for PPP Loan of amount $865,000, the current approved amount is $865,000. The loan was approved on 04/08/2020 by The Manufacturers and Traders Trust Company reported 66 jobs and $865,000 was used to fund payroll.

Scranton motors inc. is Existing or more than 2 years old

SCRANTON MOTORS INC.

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SCRANTON MOTORS INC.

Borrower Address

777 TALCOTTVILLE RD

Borrower City

VERNON

Borrower State

CT

Borrower Zip

06066-2318

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

865000.00

Current Approval Amount

865000.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VERNON

Project County Name

TOLLAND

Project State

CT

Project Zip

06066-2318

CD

CT-02

Jobs Reported

66

NAICS Code

421110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

865000.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

872962.74

Forgiveness Date

03/31/2021

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