Basil Family Dealerships

$769,142 PPP Loan in Lockport, New York

Loan Details

Loan Number
4158277101
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$769,142
Current Approval
$769,142
Forgiveness Amount
$774,031
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Basil Family Dealerships
Address
6157 South Transit Road
ZIP Code
14094-6360
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$641,112
Rent
$72,800
Utilities
$9,622
Health Care
$34,115
Debt Interest
$11,493

Lender Information

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

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