PPP Loan information for Brandfon motors inc

$880,327

Brandfon motors inc was initially approved for PPP Loan of amount $880,327, the current approved amount is $880,327. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 74 jobs and $880,327 was used to fund payroll.

Brandfon motors inc is Existing or more than 2 years old

PPP Loan Search / CT / Branford / Brandfon motors inc

BRANDFON MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

BRANDFON MOTORS INC

Borrower Address

515 West Main Street

Borrower City

Branford

Borrower State

CT

Borrower Zip

06405

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

880327.00

Current Approval Amount

880327.00

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

Branford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06405-0001

CD

CT-03

Jobs Reported

74

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11764.00

Payroll Proceed

646954.00

Mortgage Interest Proceed

41150.00

Rent Proceed

157000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23459.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

888961.44

Forgiveness Date

04/14/2021

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