PPP Loan information for William h porter inc

$1,874,720

William h porter inc was initially approved for PPP Loan of amount $1,874,720, the current approved amount is $1,874,720. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 145 jobs and $1,874,720 was used to fund payroll.

William h porter inc is Existing or more than 2 years old

WILLIAM H PORTER INC

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

WILLIAM H PORTER INC

Borrower Address

414 East Cleveland Avenue

Borrower City

Newark

Borrower State

DE

Borrower Zip

19711

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1874720.00

Current Approval Amount

1874720.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-0001

CD

DE-

Jobs Reported

145

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

41000.00

Payroll Proceed

1708272.00

Mortgage Interest Proceed

23714.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

56734.00

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

1888382.34

Forgiveness Date

01/13/2021

;