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Colonial Motors INC

$188,345 PPP Loan in Smyrna, Delaware

Loan Details

Loan Number
2550867107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$188,345
Current Approval
$188,345
Forgiveness Amount
$190,213
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Motors INC
Address
205 N Dupont Blvd
City
Smyrna
State
Delaware
ZIP Code
19977-1546
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$141,259
Rent
$23,543
Utilities
$23,543

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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