PPP Loan information for Worldwide motors ltd

$4,220,292

Worldwide motors ltd was initially approved for PPP Loan of amount $1,636,112, the current approved amount is $4,220,292. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 123 jobs and $4,220,292 was used to fund payroll.

Worldwide motors ltd is Existing or more than 2 years old

PPP Loan Search / NY / WOODSIDE / Worldwide motors ltd

WORLDWIDE MOTORS LTD

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

WORLDWIDE MOTORS LTD

Borrower Address

57-02 Northern blvd

Borrower City

WOODSIDE

Borrower State

NY

Borrower Zip

11377-2223

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1636112.00

Current Approval Amount

4220292.00

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

Woodside

Project County Name

QUEENS

Project State

NY

Project Zip

11377-0001

CD

NY-14

Jobs Reported

123

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

3376142.00

Mortgage Interest Proceed

12000.00

Rent Proceed

541244.00

Refinance EIDL Proceed

0.00

Health Care Proceed

260906.00

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

4268854.26

Forgiveness Date

06/15/2021

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