PPP Loan information for Merriam motors ct llc

$214,400

Merriam motors ct llc was initially approved for PPP Loan of amount $214,400, the current approved amount is $214,400. The loan was approved on 04/04/2020 by The Ion Bank reported 14 jobs and $214,400 was used to fund payroll.

Merriam motors ct llc is Existing or more than 2 years old

PPP Loan Search / CT / BRANFORD / Merriam motors ct llc

MERRIAM MOTORS CT LLC

Date Approved

04/04/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MERRIAM MOTORS CT LLC

Borrower Address

139 W MAIN ST

Borrower City

BRANFORD

Borrower State

CT

Borrower Zip

06405-4000

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214400.00

Current Approval Amount

214400.00

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

BRANFORD

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06405-4000

CD

CT-03

Jobs Reported

14

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

214400.00

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

215592.42

Forgiveness Date

11/03/2020

;