PPP Loan information for Putnam ford inc

$336,552

Putnam ford inc was initially approved for PPP Loan of amount $336,552, the current approved amount is $336,552. The loan was approved on 03/20/2021 by The Hometown Bank reported 27 jobs and $336,552 was used to fund payroll.

Putnam ford inc is Existing or more than 2 years old

PUTNAM FORD INC

Date Approved

03/20/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PUTNAM FORD INC

Borrower Address

3 Park Rd

Borrower City

Putnam

Borrower State

CT

Borrower Zip

06260-3044

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

336552.00

Current Approval Amount

336552.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Putnam

Project County Name

WINDHAM

Project State

CT

Project Zip

06260-3044

CD

CT-02

Jobs Reported

27

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

336546.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

339714.67

Forgiveness Date

03/03/2022

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