PPP Loan information for New country motor cars, inc.

$2,583,397

New country motor cars, inc. was initially approved for PPP Loan of amount $2,583,397, the current approved amount is $2,583,397. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 184 jobs and $2,583,397 was used to fund payroll.

New country motor cars, inc. is Existing or more than 2 years old

PPP Loan Search / CT / Hartford / New country motor cars, inc.

NEW COUNTRY MOTOR CARS, INC.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEW COUNTRY MOTOR CARS, INC.

Borrower Address

One Weston Park Road

Borrower City

Hartford

Borrower State

CT

Borrower Zip

06120

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2583397.00

Current Approval Amount

2583397.00

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

Hartford

Project County Name

HARTFORD

Project State

CT

Project Zip

06120-0001

CD

CT-01

Jobs Reported

184

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

96397.00

Payroll Proceed

1924000.00

Mortgage Interest Proceed

0.00

Rent Proceed

413000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

150000.00

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

2284730.03

Forgiveness Date

08/26/2021

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