Colonial Nissan Inc.

$983,372 PPP Loan in Feasterville Trevose, Pennsylvania

Loan Details

Loan Number
8181057101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$983,372
Current Approval
$983,372
Forgiveness Amount
$992,559
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Nissan Inc.
Address
117 Bustleton Pike
ZIP Code
19053-6447
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$19.4M
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$808,172
Rent
$109,200
Utilities
$12,000
Health Care
$54,000

Lender Information

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

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