# PPP loan: NEW COUNTRY MOTOR CARS OF GREENWICH, INC.
> **$1.75M** approved 04/15/2020 · Paid in Full · Loan `8176187100`
## Borrower
- **Name:** NEW COUNTRY MOTOR CARS OF GREENWICH, INC.
- **Address:** 181 West Putnam Avenue, Greenwich, CT, 06830
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.55M (88%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Rent:** $280K
- **Utilities:** $69K
- **Health care:** $94K
- **Jobs reported:** 111
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*