PPP Loan information for New country motorcars of palm beach, llc

$3,465,900

New country motorcars of palm beach, llc was initially approved for PPP Loan of amount $3,465,900, the current approved amount is $3,465,900. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 243 jobs and $3,465,900 was used to fund payroll.

New country motorcars of palm beach, llc is Existing or more than 2 years old

NEW COUNTRY MOTORCARS OF PALM BEACH, LLC

Date Approved

04/15/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

NEW COUNTRY MOTORCARS OF PALM BEACH, LLC

Borrower Address

4000 Okeechobee Boulevard

Borrower City

West Palm Beach

Borrower State

FL

Borrower Zip

33409

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3465900.00

Current Approval Amount

3465900.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Palm Beach

Project County Name

PALM BEACH

Project State

FL

Project Zip

33409-1801

CD

FL-21

Jobs Reported

243

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

137477.00

Payroll Proceed

2547923.00

Mortgage Interest Proceed

0.00

Rent Proceed

554500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

226000.00

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

3065289.18

Forgiveness Date

08/26/2021

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