PPP Loan information for Wellesley volkswagen, buick, inc.

$572,117

Wellesley volkswagen, buick, inc. was initially approved for PPP Loan of amount $572,117, the current approved amount is $572,117. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 42 jobs and $572,117 was used to fund payroll.

Wellesley volkswagen, buick, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Wellesley / Wellesley volkswagen, buick, inc.

WELLESLEY VOLKSWAGEN, BUICK, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELLESLEY VOLKSWAGEN, BUICK, INC.

Borrower Address

231 Linden Street

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02482

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

572117.00

Current Approval Amount

572117.00

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

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02482-0012

CD

MA-05

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16000.00

Payroll Proceed

429087.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

79852.00

Debt Interest Proceed

7178

Business Type

Sole Proprietorship

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

585440.27

Forgiveness Date

08/26/2022

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