PPP Loan information for Timbrook automotive, inc.

$3,014,732

Timbrook automotive, inc. was initially approved for PPP Loan of amount $3,596,412, the current approved amount is $3,014,732. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 200 jobs and $3,014,732 was used to fund payroll.

Timbrook automotive, inc. is Existing or more than 2 years old

PPP Loan Search / MD / CUMBERLAND / Timbrook automotive, inc.

TIMBROOK AUTOMOTIVE, INC.

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

TIMBROOK AUTOMOTIVE, INC.

Borrower Address

10210 MOUNT SAVAGE ROAD NW

Borrower City

CUMBERLAND

Borrower State

MD

Borrower Zip

21502

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3596412.00

Current Approval Amount

3014732.00

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

CUMBERLAND

Project County Name

ALLEGANY

Project State

MD

Project Zip

21502-0001

CD

MD-06

Jobs Reported

200

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

100000.00

Payroll Proceed

2500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

400000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14732.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

3047109.40

Forgiveness Date

05/25/2021

;