Colonial West Chevrolet INC

$421,600 PPP Loan in Fitchburg, Massachusetts

Loan Details

Loan Number
9744297102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$421,600
Current Approval
$421,600
Forgiveness Amount
$431,464
Forgiveness Date
Aug 26, 2022
Term
59 months
Draw
First Draw

Business Information

Business Name
Colonial West Chevrolet INC
Address
314 John Fitch Highway
ZIP Code
01420
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$349,515
Rent
$42,733
Utilities
$6,000
Health Care
$23,352

Lender Information

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

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