PPP Loan information for Bob valenti chevrolet, inc

$555,668

Bob valenti chevrolet, inc was initially approved for PPP Loan of amount $555,668, the current approved amount is $555,668. The loan was approved on 04/08/2020 by The Chelsea Groton Bank reported 24 jobs and $555,668 was used to fund payroll.

Bob valenti chevrolet, inc is Existing or more than 2 years old

PPP Loan Search / CT / MYSTIC / Bob valenti chevrolet, inc

BOB VALENTI CHEVROLET, INC

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

BOB VALENTI CHEVROLET, INC

Borrower Address

72 JERRY BROWNE RD

Borrower City

MYSTIC

Borrower State

CT

Borrower Zip

06355-3050

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

555667.50

Current Approval Amount

555667.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MYSTIC

Project County Name

NEW LONDON

Project State

CT

Project Zip

06355-3050

CD

CT-02

Jobs Reported

24

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55566.75

Payroll Proceed

444534.00

Mortgage Interest Proceed

0.00

Rent Proceed

55566.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

559717.02

Forgiveness Date

01/08/2021

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