Southtowns Imports INC
$488,832 PPP Loan in Orchard Park, New York
Loan Details
- Loan Number
- 7907567107
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $488,832
- Current Approval
- $488,832
- Forgiveness Amount
- $494,403
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southtowns Imports INC
- Address
- 3565 Southwestern Boulevard
- City
- Orchard Park
- State
- New York
- ZIP Code
- 14127
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Kia Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 41
- Estimated Revenue
- $10.3M
- Rural/Urban
- Urban
- Congressional District
- NY-23
Loan Use Breakdown
- Payroll
- $360,984
- Rent
- $47,448
- Utilities
- $29,000
- Health Care
- $23,400
- Debt Interest
- $28,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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