PPP Loan information for First state motors, inc

$706,513

First state motors, inc was initially approved for PPP Loan of amount $706,512, the current approved amount is $706,513. The loan was approved on 04/09/2020 by The Manufacturers and Traders Trust Company reported 50 jobs and $706,513 was used to fund payroll.

First state motors, inc is Existing or more than 2 years old

PPP Loan Search / DE / GEORGETOWN / First state motors, inc

FIRST STATE MOTORS, INC

Date Approved

04/09/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

FIRST STATE MOTORS, INC

Borrower Address

22694 DUPONT BLVD

Borrower City

GEORGETOWN

Borrower State

DE

Borrower Zip

19947-8802

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

706512.00

Current Approval Amount

706512.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GEORGETOWN

Project County Name

SUSSEX

Project State

DE

Project Zip

19947-8802

CD

DE-

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

624512.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34000.00

Debt Interest Proceed

36000

Business Type

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

711332.27

Forgiveness Date

12/28/2020

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