J&m Motors of Hempstead LLC

$598,925 PPP Loan in Hempstead, New York

Loan Details

Loan Number
3983727209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$598,925
Current Approval
$598,925
Forgiveness Amount
$605,603
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
J&m Motors of Hempstead LLC
Address
220 North Franklin Street
ZIP Code
11550
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
52
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
NY-04

Loan Use Breakdown

Payroll
$449,195
Rent
$130,000
Utilities
$19,730

Lender Information

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

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