Mohegan Lake Motors, Inc.

$823,960 PPP Loan in Mohegan Lake, New York

Loan Details

Loan Number
8802967107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$823,960
Current Approval
$823,960
Forgiveness Amount
$834,547
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mohegan Lake Motors, Inc.
Address
1797 E. Main St (route 6)
ZIP Code
10547
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
NY-17

Loan Use Breakdown

Payroll
$605,858
Rent
$42,173
Utilities
$17,427
Health Care
$68,851
Mortgage Interest
$28,221
Debt Interest
$61,430

Lender Information

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

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