PPP Loan information for City line distributors inc

$2,000,000

City line distributors inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The Fairfield County Bank reported 250 jobs and $2,000,000 was used to fund payroll.

City line distributors inc is Existing or more than 2 years old

PPP Loan Search / CT / West Haven / City line distributors inc

CITY LINE DISTRIBUTORS INC

Date Approved

02/04/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

CITY LINE DISTRIBUTORS INC

Borrower Address

20 Industry Dr

Borrower City

West Haven

Borrower State

CT

Borrower Zip

06516-1442

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16447

Servicing Lender Name

Fairfield County Bank

Servicing Lender Address

150 Danbury Rd

Servicing Lender City

RIDGEFIELD

Servicing Lender State

CT

Servicing Lender Zip

06877-3229

Rural Urban Indicator

U

Hubzone Indicator

Y

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

06516-1442

CD

CT-03

Jobs Reported

250

NAICS Code

424410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

16447

Originating Lender

Fairfield County Bank

Originating Lender City

RIDGEFIELD

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2021260.27

Forgiveness Date

03/01/2022

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