PPP Loan information for The motorlease corporation

$359,000

The motorlease corporation was initially approved for PPP Loan of amount $359,000, the current approved amount is $359,000. The loan was approved on 04/06/2020 by The Manufacturers and Traders Trust Company reported 29 jobs and $359,000 was used to fund payroll.

The motorlease corporation is Existing or more than 2 years old

PPP Loan Search / CT / FARMINGTON / The motorlease corporation

THE MOTORLEASE CORPORATION

Date Approved

04/06/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE MOTORLEASE CORPORATION

Borrower Address

1506 New Britain Avenue

Borrower City

FARMINGTON

Borrower State

CT

Borrower Zip

06032-3126

Loan Status Date

05/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

359000.00

Current Approval Amount

359000.00

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

FARMINGTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06032-3126

CD

CT-05

Jobs Reported

29

NAICS Code

532112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

359000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

362432.63

Forgiveness Date

04/06/2021

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