PPP Loan information for Team #1 automotive inc.

$271,832

Team #1 automotive inc. was initially approved for PPP Loan of amount $271,832, the current approved amount is $271,832. The loan was approved on 01/22/2021 by The Solvay Bank reported 28 jobs and $271,832 was used to fund payroll.

Team #1 automotive inc. is Existing or more than 2 years old

PPP Loan Search / NY / Syracuse / Team #1 automotive inc.

TEAM #1 AUTOMOTIVE INC.

Date Approved

01/22/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

TEAM #1 AUTOMOTIVE INC.

Borrower Address

737 W Genesee St

Borrower City

Syracuse

Borrower State

NY

Borrower Zip

13204-2305

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

271832.00

Current Approval Amount

271832.00

Undisbursed Amount

0.00

Franchise Name

Acura Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

50256

Servicing Lender Name

Solvay Bank

Servicing Lender Address

1537 Milton Ave

Servicing Lender City

SOLVAY

Servicing Lender State

NY

Servicing Lender Zip

13209-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Syracuse

Project County Name

ONONDAGA

Project State

NY

Project Zip

13204-2305

CD

NY-22

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

271831.00

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

50256

Originating Lender

Solvay Bank

Originating Lender City

SOLVAY

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

273251.57

Forgiveness Date

08/04/2021

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