Northeast Motors Inc.
$458,800 PPP Loan in Latham, New York
Loan Details
- Loan Number
- 4462197204
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $458,800
- Current Approval
- $458,800
- Forgiveness Amount
- $461,731
- Forgiveness Date
- Dec 15, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Northeast Motors Inc.
- Address
- 942 New Loudon Rd
- City
- Latham
- State
- New York
- ZIP Code
- 12110-2107
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Acura Automobile Division - 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-20
Loan Use Breakdown
- Payroll
- $458,800
Lender Information
- Servicing Lender
- The Adirondack Trust Company
- Originating Lender
- The Adirondack Trust Company
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|---|---|---|
| Community Care Physicians, P.c. | $10,000,000 | |
| Keeler Motor Car Company Limited Partnership | $4,677,890 | |
| Bette & Cring LLC | $4,288,147 | |
| Currier, Mccabe & Associates, Inc. | $4,116,700 | |
| Huck Finn Clothes, Inc. - Phc Distributi | $2,487,800 |
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