PPP Loan information for South road cars, llc

$686,907

South road cars, llc was initially approved for PPP Loan of amount $686,907, the current approved amount is $686,907. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 51 jobs and $686,907 was used to fund payroll.

South road cars, llc is Existing or more than 2 years old

SOUTH ROAD CARS, LLC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SOUTH ROAD CARS, LLC

Borrower Address

2250 South Road

Borrower City

Poughkeepsie

Borrower State

NY

Borrower Zip

12601

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686907.00

Current Approval Amount

686907.00

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

Poughkeepsie

Project County Name

DUTCHESS

Project State

NY

Project Zip

12601-0101

CD

NY-18

Jobs Reported

51

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8657.00

Payroll Proceed

475200.00

Mortgage Interest Proceed

0.00

Rent Proceed

77500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

81000.00

Debt Interest Proceed

44550

Business Type

Limited Liability Company(LLC)

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

694359.47

Forgiveness Date

05/24/2021

;