PPP Loan information for J&m automotive sales and service llc

$675,400

J&m automotive sales and service llc was initially approved for PPP Loan of amount $675,400, the current approved amount is $675,400. The loan was approved on 04/05/2020 by The Ion Bank reported 52 jobs and $675,400 was used to fund payroll.

J&m automotive sales and service llc is Existing or more than 2 years old

PPP Loan Search / CT / NAUGATUCK / J&m automotive sales and service llc

J&M AUTOMOTIVE SALES AND SERVICE LLC

Date Approved

04/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

J&M AUTOMOTIVE SALES AND SERVICE LLC

Borrower Address

756 NEW HAVEN RD

Borrower City

NAUGATUCK

Borrower State

CT

Borrower Zip

06770-5706

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

675400.00

Current Approval Amount

675400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAUGATUCK

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06770-5706

CD

CT-03

Jobs Reported

52

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

675400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

680525.64

Forgiveness Date

01/19/2021

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