# PPP loan: NORTHEAST MOTORS INC.
> **$459K** approved 04/27/2020 · Paid in Full · Loan `4462197204`
## Borrower
- **Name:** NORTHEAST MOTORS INC.
- **Address:** 942 NEW LOUDON RD, LATHAM, NY, 12110-2107
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $459K
- **Jobs reported:** 30
## Lender
- **Originating:** The Adirondack Trust Company
- **Servicing:** The Adirondack Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*