PPP Loan information for Barry's auto group inc.

$409,000

Barry's auto group inc. was initially approved for PPP Loan of amount $409,000, the current approved amount is $409,000. The loan was approved on 04/05/2020 by The Mechanics Cooperative Bank reported 28 jobs and $409,000 was used to fund payroll.

Barry's auto group inc. is Existing or more than 2 years old

PPP Loan Search / RI / NEWPORT / Barry's auto group inc.

BARRY'S AUTO GROUP INC.

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

BARRY'S AUTO GROUP INC.

Borrower Address

166 CONNELL HWY

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-1011

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409000.00

Current Approval Amount

409000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-1011

CD

RI-01

Jobs Reported

28

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

311482.00

Mortgage Interest Proceed

0.00

Rent Proceed

39700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

32818

Business Type

Sole Proprietorship

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

412101.58

Forgiveness Date

01/14/2021

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