PPP Loan information for Colonial automobile co.,

$896,800

Colonial automobile co., was initially approved for PPP Loan of amount $896,800, the current approved amount is $896,800. The loan was approved on 04/06/2020 by The Savings Bank of Danbury reported 66 jobs and $896,800 was used to fund payroll.

Colonial automobile co., is Existing or more than 2 years old

COLONIAL AUTOMOBILE CO.,

Date Approved

04/06/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

COLONIAL AUTOMOBILE CO.,

Borrower Address

120 FEDERAL RD

Borrower City

DANBURY

Borrower State

CT

Borrower Zip

06811-4022

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

896800.00

Current Approval Amount

896800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16105

Servicing Lender Name

Savings Bank of Danbury

Servicing Lender Address

220 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANBURY

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06811-4022

CD

CT-05

Jobs Reported

66

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

896800.00

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

16105

Originating Lender

Savings Bank of Danbury

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

908209.29

Forgiveness Date

07/27/2021

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