Dutchess Cars, LLC

$1,549,000 PPP Loan in Poughkeepsie, New York

Loan Details

Loan Number
7843857100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,549,000
Current Approval
$1,549,000
Forgiveness Amount
$1,566,272
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dutchess Cars, LLC
Address
1143 Dutchess Turnpike
ZIP Code
12603
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
114
Estimated Revenue
$28.7M
Rural/Urban
Urban
Congressional District
NY-18

Loan Use Breakdown

Payroll
$1,186,100
Rent
$200,000
Utilities
$12,500
Health Care
$138,000
Debt Interest
$12,400

Lender Information

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

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