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Kinney Motors, Ltd

$944,064 PPP Loan in Rutland, Vermont

Loan Details

Loan Number
1308447107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$944,064
Current Approval
$944,064
Forgiveness Amount
$958,481
Forgiveness Date
Oct 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kinney Motors, Ltd
Address
176 US Route 7 S 0.0
City
Rutland
State
Vermont
ZIP Code
05701-4723
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$15.4M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$850,000
Utilities
$14,064
Health Care
$50,000
Mortgage Interest
$30,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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