New Country Motor Cars, Inc.

$2,583,397 PPP Loan in Hartford, Connecticut

Loan Details

Loan Number
8115747109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,583,397
Current Approval
$2,583,397
Forgiveness Amount
$2,284,730
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Country Motor Cars, Inc.
Address
One Weston Park Road
ZIP Code
06120
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
184
Estimated Revenue
$46.4M
Rural/Urban
Urban
Congressional District
CT-01

Loan Use Breakdown

Payroll
$1,924,000
Rent
$413,000
Utilities
$96,397
Health Care
$150,000

Lender Information

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

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