1424 AUTO SALES LTD (NY) - 2020 PPP Loan Borrower Profile (# 9083027104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1424 AUTO SALES LTD. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New York.

Loan Detail

Loan Number

9083027104

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$958,027

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$966,662.37

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

17,347

Payroll Proced

719,998

Mortgage Interest Proceed

Rent Proceed

105,347

Refinance EIDL Proceed

Health Care Proceed

35,001

Debt Interest Proceed

80,334

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

Harriman, NY

Project Location

Harriman, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.