PPP Loan information for Yonkers motors corporation

$1,613,100

Yonkers motors corporation was initially approved for PPP Loan of amount $1,012,600, the current approved amount is $1,613,100. The loan was approved on 04/13/2020 by The New York Business Development Corporation reported 20 jobs and $1,613,100 was used to fund payroll.

Yonkers motors corporation is Existing or more than 2 years old

YONKERS MOTORS CORPORATION

Date Approved

04/13/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

YONKERS MOTORS CORPORATION

Borrower Address

500 Yonkers Avenue

Borrower City

Yonkers

Borrower State

NY

Borrower Zip

10704-2602

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1012600.00

Current Approval Amount

1613100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224780

Servicing Lender Name

New York Business Development Corporation

Servicing Lender Address

50 Beaver Street

Servicing Lender City

Albany

Servicing Lender State

NY

Servicing Lender Zip

12207-1538

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yonkers

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10704-2602

CD

NY-16

Jobs Reported

20

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1613100.00

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

Corporation

Originating Lender Location Id

224780

Originating Lender

New York Business Development Corporation

Originating Lender City

Albany

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1634534.34

Forgiveness Date

08/23/2021

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