PPP Loan information for General truck sales inc.

$1,186,342

General truck sales inc. was initially approved for PPP Loan of amount $1,186,342, the current approved amount is $1,186,342. The loan was approved on 02/04/2021 by The Manufacturers and Traders Trust Company reported 156 jobs and $1,186,342 was used to fund payroll.

General truck sales inc. is Existing or more than 2 years old

GENERAL TRUCK SALES INC.

Date Approved

02/04/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

GENERAL TRUCK SALES INC.

Borrower Address

4300 N Broadway Ave

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47303-1016

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1186342.00

Current Approval Amount

1186342.00

Undisbursed Amount

0.00

Franchise Name

Volvo Trucks North America - Dealer Sales and Service Agreement

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47303-1016

CD

IN-05

Jobs Reported

156

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1186340.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

1196807.81

Forgiveness Date

01/03/2022

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