PPP Loan information for Andrade motor car inc

$430,000

Andrade motor car inc was initially approved for PPP Loan of amount $430,000, the current approved amount is $430,000. The loan was approved on 01/29/2021 by The Savings Bank of Danbury reported 35 jobs and $430,000 was used to fund payroll.

Andrade motor car inc is Existing or more than 2 years old

PPP Loan Search / CT / West Haven / Andrade motor car inc

ANDRADE MOTOR CAR INC

Date Approved

01/29/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ANDRADE MOTOR CAR INC

Borrower Address

975 Campbell Ave

Borrower City

West Haven

Borrower State

CT

Borrower Zip

06516-2707

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

430000.00

Current Approval Amount

430000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16105

Servicing Lender Name

Savings Bank of Danbury

Servicing Lender Address

220 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Haven

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06516-2707

CD

CT-03

Jobs Reported

35

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

429996.00

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

16105

Originating Lender

Savings Bank of Danbury

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

434945.00

Forgiveness Date

04/14/2022

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