PPP Loan information for Wellesley volkswagen inc

$539,875

Wellesley volkswagen inc was initially approved for PPP Loan of amount $539,875, the current approved amount is $539,875. The loan was approved on 05/27/2021 by The Manufacturers and Traders Trust Company reported 41 jobs and $539,875 was used to fund payroll.

Wellesley volkswagen inc is Existing or more than 2 years old

PPP Loan Search / MA / Wellesley / Wellesley volkswagen inc

WELLESLEY VOLKSWAGEN INC

Date Approved

05/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WELLESLEY VOLKSWAGEN INC

Borrower Address

231 Linden St

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02482-5910

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

539875.00

Current Approval Amount

539875.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

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

02482-5910

CD

MA-05

Jobs Reported

41

NAICS Code

423110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

539873.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

0.00

Forgiveness Date

;