Towne Chevrolet Buick Cadillac, INC

$299,852 PPP Loan in North Collins, New York

Loan Details

Loan Number
4203147108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$299,852
Current Approval
$299,852
Forgiveness Amount
$303,557
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Towne Chevrolet Buick Cadillac, INC
Address
11208 Gowanda State Road
ZIP Code
14111-9612
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$181,852
Rent
$33,000
Utilities
$10,000
Health Care
$75,000

Lender Information

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

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