Formula 1 Automotive, LLC

$15,840 PPP Loan in Springville, New York

Loan Details

Loan Number
8719177105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$15,840
Current Approval
$15,840
Forgiveness Amount
$16,038
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Formula 1 Automotive, LLC
Address
599 Waverly Street
ZIP Code
14141
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
New Business or 2 years or less
Jobs Reported
1
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$10,138
Rent
$2,778
Utilities
$1,264
Health Care
$1,660

Lender Information

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

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