L & D Motors Inc.

$702,010 PPP Loan in Enfield, Connecticut

Loan Details

Loan Number
7952498900
Date Approved
May 11, 2021
Loan Status
Paid in Full
Initial Approval
$702,010
Current Approval
$702,010
Forgiveness Amount
$723,417
Forgiveness Date
Jun 3, 2024
Term
60 months
Draw
Second Draw

Business Information

Business Name
L & D Motors Inc.
Address
20 Palomba Dr
ZIP Code
06082-3802
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$702,007
Utilities
$1

Lender Information

Servicing Lender
New York Business Development Corporation
Originating Lender
New York Business Development Corporation

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