PPP Loan information for City line distributors, inc

$3,156,000

City line distributors, inc was initially approved for PPP Loan of amount $3,156,000, the current approved amount is $3,156,000. The loan was approved on 04/05/2020 by The Fairfield County Bank reported 240 jobs and $3,156,000 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

04/05/2020

SBA Office Code

0156

Processing Method

PPP

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

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3156000.00

Current Approval Amount

3156000.00

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

240

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

157800.00

Payroll Proceed

2524800.00

Mortgage Interest Proceed

0.00

Rent Proceed

473400.00

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

3196033.64

Forgiveness Date

07/23/2021

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