PPP Loan information for Road ready used cars inc

$491,500

Road ready used cars inc was initially approved for PPP Loan of amount $491,500, the current approved amount is $491,500. The loan was approved on 04/07/2020 by The Newtown Savings Bank reported 35 jobs and $491,500 was used to fund payroll.

Road ready used cars inc is Existing or more than 2 years old

ROAD READY USED CARS INC

Date Approved

04/07/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ROAD READY USED CARS INC

Borrower Address

520 MAIN ST

Borrower City

ANSONIA

Borrower State

CT

Borrower Zip

06401-2309

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491500.00

Current Approval Amount

491500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16403

Servicing Lender Name

Newtown Savings Bank

Servicing Lender Address

39 Main St

Servicing Lender City

NEWTOWN

Servicing Lender State

CT

Servicing Lender Zip

06470-2134

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANSONIA

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06401-2309

CD

CT-03

Jobs Reported

35

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

491500.00

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

16403

Originating Lender

Newtown Savings Bank

Originating Lender City

NEWTOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

497616.44

Forgiveness Date

07/22/2021

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