Mangino Chevrolet, Inc.

$746,425 PPP Loan in Amsterdam, New York

Loan Details

Loan Number
8487037109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$746,425
Current Approval
$746,425
Forgiveness Amount
$753,951
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mangino Chevrolet, Inc.
Address
4447 State Highway 30
ZIP Code
12010
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$13.9M
Rural/Urban
Rural
Congressional District
NY-21

Loan Use Breakdown

Payroll
$605,803
Rent
$100,000
Utilities
$9,159
Health Care
$31,463

Lender Information

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

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