Scranton Motors Inc.

$865,000 PPP Loan in Vernon, Connecticut

Loan Details

Loan Number
8583607005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$865,000
Current Approval
$865,000
Forgiveness Amount
$872,963
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Scranton Motors Inc.
Address
777 Talcottville Rd
City
Vernon
ZIP Code
06066-2318
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (421110)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$17.0M
Rural/Urban
Rural
Congressional District
CT-02

Loan Use Breakdown

Payroll
$865,000

Lender Information

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

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