PPP Loan information for Triangle motors inc

$218,320

Triangle motors inc was initially approved for PPP Loan of amount $218,320, the current approved amount is $218,320. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 20 jobs and $218,320 was used to fund payroll.

Triangle motors inc is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Triangle motors inc

TRIANGLE MOTORS INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

TRIANGLE MOTORS INC

Borrower Address

1790 N Market ST

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21701

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218320.00

Current Approval Amount

218320.00

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

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-1200

CD

MD-06

Jobs Reported

20

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3543.00

Payroll Proceed

161222.00

Mortgage Interest Proceed

0.00

Rent Proceed

42237.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11318.00

Debt Interest Proceed

0

Business Type

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

Veteran

Non Profit

Forgiveness Amount

219707.68

Forgiveness Date

12/09/2020

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