PPP Loan information for Import motors of old saybrook llc

$206,250

Import motors of old saybrook llc was initially approved for PPP Loan of amount $206,250, the current approved amount is $206,250. The loan was approved on 03/13/2021 by The Webster Bank National Association reported 17 jobs and $206,250 was used to fund payroll.

Import motors of old saybrook llc is Existing or more than 2 years old

IMPORT MOTORS OF OLD SAYBROOK LLC

Date Approved

03/13/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

IMPORT MOTORS OF OLD SAYBROOK LLC

Borrower Address

275 Middlesex Tpke

Borrower City

Old Saybrook

Borrower State

CT

Borrower Zip

06475-4209

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206250.00

Current Approval Amount

206250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Saybrook

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-4209

CD

CT-02

Jobs Reported

17

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

206248.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207798.29

Forgiveness Date

12/16/2021

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