Worldwide Motors Ltd

$1,636,112 PPP Loan in Woodside, New York

Loan Details

Loan Number
8018647101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,636,112
Current Approval
$4,220,292
Forgiveness Amount
$4,268,854
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Worldwide Motors Ltd
Address
57-02 Northern Blvd
ZIP Code
11377-2223
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
123
Estimated Revenue
$31.0M
Rural/Urban
Urban
Congressional District
NY-14

Loan Use Breakdown

Payroll
$3,376,142
Rent
$541,244
Utilities
$30,000
Health Care
$260,906
Mortgage Interest
$12,000

Lender Information

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

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