PPP Loan information for Euro motorcars germantown, llc

$1,599,075

Euro motorcars germantown, llc was initially approved for PPP Loan of amount $1,599,075, the current approved amount is $1,599,075. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 94 jobs and $1,599,075 was used to fund payroll.

Euro motorcars germantown, llc is New Business or 2 years or less

EURO MOTORCARS GERMANTOWN, LLC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

EURO MOTORCARS GERMANTOWN, LLC

Borrower Address

19750 Germantown Road

Borrower City

Germantown

Borrower State

MD

Borrower Zip

20874

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1599075.00

Current Approval Amount

1599075.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

Germantown

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20874-0500

CD

MD-06

Jobs Reported

94

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60075.00

Payroll Proceed

1118000.00

Mortgage Interest Proceed

0.00

Rent Proceed

256000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

165000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

1411032.18

Forgiveness Date

06/08/2021

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