Matthews Ford Norwich, Inc.

$389,765 PPP Loan in Norwich, New York

Loan Details

Loan Number
1529327110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$389,765
Current Approval
$389,765
Forgiveness Amount
$395,261
Forgiveness Date
Sep 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Matthews Ford Norwich, Inc.
Address
175 E Main St 0.0
ZIP Code
13815-1522
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Uncle Boo's Catfish Corner - Intellectual Property License Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.1M
Rural/Urban
Rural
Congressional District
NY-19

Loan Use Breakdown

Payroll
$316,675
Rent
$20,000
Utilities
$9,000
Health Care
$12,090
Debt Interest
$32,000

Lender Information

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

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