PPP Loan information for Academy auto sales inc

$87,340

Academy auto sales inc was initially approved for PPP Loan of amount $87,340, the current approved amount is $87,340. The loan was approved on 02/11/2021 by The Webster Bank National Association reported 11 jobs and $87,340 was used to fund payroll.

Academy auto sales inc is Existing or more than 2 years old

ACADEMY AUTO SALES INC

Date Approved

02/11/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ACADEMY AUTO SALES INC

Borrower Address

26 Academy St 26 Academy Street

Borrower City

Bristol

Borrower State

CT

Borrower Zip

06010-6733

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87340.00

Current Approval Amount

87340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

HARTFORD

Project State

CT

Project Zip

06010-6733

CD

CT-01

Jobs Reported

11

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87335.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87816.18

Forgiveness Date

09/07/2021

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