Compass Motors, Inc.
$563,695 PPP Loan in Middletown, New York
Loan Details
- Loan Number
- 2704057202
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $563,695
- Current Approval
- $563,695
- Forgiveness Amount
- $567,992
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Compass Motors, Inc.
- Address
- 200 Dolson Ave
- City
- Middletown
- State
- New York
- ZIP Code
- 10940
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $7.8M
- Rural/Urban
- Urban
- Congressional District
- NY-18
Loan Use Breakdown
- Payroll
- $429,695
- Rent
- $70,000
- Utilities
- $14,000
- Health Care
- $50,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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