Colonial Volkswagen INC
$667,000 PPP Loan in Medford, Massachusetts
Loan Details
- Loan Number
- 1424057203
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $667,000
- Current Approval
- $667,000
- Forgiveness Amount
- $682,825
- Forgiveness Date
- Sep 8, 2022
- Term
- 59 months
- Draw
- First Draw
Business Information
- Business Name
- Colonial Volkswagen INC
- Address
- 340 Mystic Avenue
- City
- Medford
- State
- Massachusetts
- ZIP Code
- 02155
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 52
- Estimated Revenue
- $13.1M
- Rural/Urban
- Urban
- Congressional District
- MA-05
Loan Use Breakdown
- Payroll
- $549,184
- Utilities
- $9,924
- Health Care
- $72,892
- Mortgage Interest
- $35,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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