Saratoga Lnc LLC

$488,100 PPP Loan in Ballston Spa, New York

Loan Details

Loan Number
1295807206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$488,100
Current Approval
$488,100
Forgiveness Amount
$494,719
Forgiveness Date
Sep 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Saratoga Lnc LLC
Address
2906 U.s. 9
ZIP Code
12020
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
NY-20

Loan Use Breakdown

Payroll
$361,168
Rent
$80,000
Utilities
$7,914
Health Care
$4,882
Debt Interest
$34,136

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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