Abbott Motors INC

$99,657 PPP Loan in Lackawanna, New York

Loan Details

Loan Number
8261187105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$99,657
Current Approval
$99,657
Forgiveness Amount
$100,561
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Abbott Motors INC
Address
1645 Abbott Road
ZIP Code
14218
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$74,000
Rent
$13,000
Utilities
$4,529
Health Care
$4,900
Debt Interest
$3,228

Lender Information

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

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