PPP Loan information for Colonial imports, inc.

$524,500

Colonial imports, inc. was initially approved for PPP Loan of amount $524,500, the current approved amount is $524,500. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 39 jobs and $524,500 was used to fund payroll.

Colonial imports, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Lunenburg / Colonial imports, inc.

COLONIAL IMPORTS, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COLONIAL IMPORTS, INC.

Borrower Address

757 Chase Road

Borrower City

Lunenburg

Borrower State

MA

Borrower Zip

01462

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

524500.00

Current Approval Amount

524500.00

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

Lunenburg

Project County Name

WORCESTER

Project State

MA

Project Zip

01462-0001

CD

MA-03

Jobs Reported

39

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

17525.00

Payroll Proceed

412736.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24239.00

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

536642.53

Forgiveness Date

08/18/2022

;