L&d Motors INC

$702,010 PPP Loan in Enfield, Connecticut

Loan Details

Loan Number
9941537101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$702,010
Current Approval
$702,010
Forgiveness Amount
$711,357
Forgiveness Date
Aug 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L&d Motors INC
Address
20 Palomba Drive
ZIP Code
06082
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$519,487
Rent
$131,502
Utilities
$18,348
Health Care
$7,020
Debt Interest
$25,653

Lender Information

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

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