PPP Loan information for Waite motor sales inc.

$522,215

Waite motor sales inc. was initially approved for PPP Loan of amount $494,488, the current approved amount is $522,215. The loan was approved on 04/07/2020 by The Watertown Savings Bank reported 39 jobs and $522,215 was used to fund payroll.

Waite motor sales inc. is Existing or more than 2 years old

PPP Loan Search / NY / WATERTOWN / Waite motor sales inc.

WAITE MOTOR SALES INC.

Date Approved

04/07/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

WAITE MOTOR SALES INC.

Borrower Address

18406 US ROUTE 11

Borrower City

WATERTOWN

Borrower State

NY

Borrower Zip

13601-5327

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

494487.97

Current Approval Amount

522215.20

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

50344

Servicing Lender Name

Watertown Savings Bank

Servicing Lender Address

111 Clinton St

Servicing Lender City

WATERTOWN

Servicing Lender State

NY

Servicing Lender Zip

13601-3650

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

JEFFERSON

Project State

NY

Project Zip

13601-5327

CD

NY-24

Jobs Reported

39

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

8024.16

Payroll Proceed

439946.04

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

34245

Business Type

Corporation

Originating Lender Location Id

50344

Originating Lender

Watertown Savings Bank

Originating Lender City

WATERTOWN

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

525763.40

Forgiveness Date

12/22/2020

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