PPP Loan information for Car service inc.

$933,352

Car service inc. was initially approved for PPP Loan of amount $933,352, the current approved amount is $933,352. The loan was approved on 04/11/2020 by The Chelsea Groton Bank reported 89 jobs and $933,352 was used to fund payroll.

Car service inc. is Existing or more than 2 years old

PPP Loan Search / CT / NEW LONDON / Car service inc.

CAR SERVICE INC.

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CAR SERVICE INC.

Borrower Address

543 COLMAN ST

Borrower City

NEW LONDON

Borrower State

CT

Borrower Zip

06320-2601

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

933352.00

Current Approval Amount

933352.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer 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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-2601

CD

CT-02

Jobs Reported

89

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

93334.86

Payroll Proceed

746682.28

Mortgage Interest Proceed

0.00

Rent Proceed

93334.86

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

945114.79

Forgiveness Date

07/21/2021

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