Colonial Imports, Inc.

$524,500 PPP Loan in Lunenburg, Massachusetts

Loan Details

Loan Number
8431257106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$524,500
Current Approval
$524,500
Forgiveness Amount
$536,643
Forgiveness Date
Aug 18, 2022
Term
59 months
Draw
First Draw

Business Information

Business Name
Colonial Imports, Inc.
Address
757 Chase Road
ZIP Code
01462
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$412,736
Rent
$70,000
Utilities
$17,525
Health Care
$24,239

Lender Information

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

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