PPP Loan information for Brustolon buick gmc inc

$306,385

Brustolon buick gmc inc was initially approved for PPP Loan of amount $306,385, the current approved amount is $306,385. The loan was approved on 04/09/2020 by The Chelsea Groton Bank reported 38 jobs and $306,385 was used to fund payroll.

Brustolon buick gmc inc is Existing or more than 2 years old

PPP Loan Search / CT / MYSTIC / Brustolon buick gmc inc

BRUSTOLON BUICK GMC INC

Date Approved

04/09/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

BRUSTOLON BUICK GMC INC

Borrower Address

47 Stonington-Westerly Rd

Borrower City

MYSTIC

Borrower State

CT

Borrower Zip

06355-2931

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306385.00

Current Approval Amount

306385.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

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

06355-2931

CD

CT-02

Jobs Reported

38

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

229790.00

Mortgage Interest Proceed

76595.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

298293.23

Forgiveness Date

12/09/2020

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