PPP Loan information for Girard motors, inc

$1,126,413

Girard motors, inc was initially approved for PPP Loan of amount $1,126,413, the current approved amount is $1,126,413. The loan was approved on 04/10/2020 by The Chelsea Groton Bank reported 105 jobs and $1,126,413 was used to fund payroll.

Girard motors, inc is Existing or more than 2 years old

GIRARD MOTORS, INC

Date Approved

04/10/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

GIRARD MOTORS, INC

Borrower Address

425 GOLD STAR HWY

Borrower City

GROTON

Borrower State

CT

Borrower Zip

06340-6214

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1126413.00

Current Approval Amount

1126413.00

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car 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

GROTON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06340-6214

CD

CT-02

Jobs Reported

105

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

112641.20

Payroll Proceed

901130.60

Mortgage Interest Proceed

112641.20

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

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1140608.89

Forgiveness Date

07/21/2021

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