PPP Loan information for Reynolds garage & marine inc.

$650,663

Reynolds garage & marine inc. was initially approved for PPP Loan of amount $650,662, the current approved amount is $650,663. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 50 jobs and $650,663 was used to fund payroll.

Reynolds garage & marine inc. is Existing or more than 2 years old

PPP Loan Search / CT / OLD LYME / Reynolds garage & marine inc.

REYNOLDS GARAGE & MARINE INC.

Date Approved

04/13/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

REYNOLDS GARAGE & MARINE INC.

Borrower Address

264 Hamburg Road

Borrower City

OLD LYME

Borrower State

CT

Borrower Zip

06371-3421

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650662.00

Current Approval Amount

650662.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLD LYME

Project County Name

NEW LONDON

Project State

CT

Project Zip

06371-3421

CD

CT-02

Jobs Reported

50

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2194.00

Payroll Proceed

490947.50

Mortgage Interest Proceed

0.00

Rent Proceed

125000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29585.00

Debt Interest Proceed

2936

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

655618.23

Forgiveness Date

01/20/2021

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