PPP Loan information for Nissan of norwich

$304,619

Nissan of norwich was initially approved for PPP Loan of amount $304,619, the current approved amount is $304,619. The loan was approved on 04/11/2020 by The Chelsea Groton Bank reported 29 jobs and $304,619 was used to fund payroll.

Nissan of norwich is Existing or more than 2 years old

NISSAN OF NORWICH

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NISSAN OF NORWICH

Borrower Address

691 WEST THAMES ST

Borrower City

NORWICH

Borrower State

CT

Borrower Zip

06360-7023

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304619.00

Current Approval Amount

304619.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service 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

NORWICH

Project County Name

NEW LONDON

Project State

CT

Project Zip

06360-7023

CD

CT-02

Jobs Reported

29

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30461.73

Payroll Proceed

243695.54

Mortgage Interest Proceed

0.00

Rent Proceed

30461.73

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

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

308458.03

Forgiveness Date

07/21/2021

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