PPP Loan information for Whalen motor sales, inc

$128,842

Whalen motor sales, inc was initially approved for PPP Loan of amount $128,842, the current approved amount is $128,842. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 12 jobs and $128,842 was used to fund payroll.

Whalen motor sales, inc is Existing or more than 2 years old

PPP Loan Search / MD / Catonsville / Whalen motor sales, inc

WHALEN MOTOR SALES, INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WHALEN MOTOR SALES, INC

Borrower Address

2 West Rolling Crossroads Suite 203

Borrower City

Catonsville

Borrower State

MD

Borrower Zip

21228

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128842.00

Current Approval Amount

128842.00

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

Catonsville

Project County Name

BALTIMORE

Project State

MD

Project Zip

21228-0001

CD

MD-02

Jobs Reported

12

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

102000.00

Mortgage Interest Proceed

10507.00

Rent Proceed

5335.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

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

129710.36

Forgiveness Date

12/23/2020

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