Northtown Hyundai, INC

$531,327 PPP Loan in Buffalo, New York

Loan Details

Loan Number
2667657107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$531,327
Current Approval
$531,328
Forgiveness Amount
$537,427
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northtown Hyundai, INC
Address
3675 Sheridan Drive
ZIP Code
14226-1702
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$418,036
Rent
$55,000
Utilities
$8,000
Health Care
$17,292
Mortgage Interest
$28,000
Debt Interest
$5,000

Lender Information

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

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