South Road Cars, LLC

$686,907 PPP Loan in Poughkeepsie, New York

Loan Details

Loan Number
7978037109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$686,907
Current Approval
$686,907
Forgiveness Amount
$694,359
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Road Cars, LLC
Address
2250 South Road
ZIP Code
12601
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
NY-18

Loan Use Breakdown

Payroll
$475,200
Rent
$77,500
Utilities
$8,657
Health Care
$81,000
Debt Interest
$44,550

Lender Information

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

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