PPP Loan information for Roots auto repair, llc

$50,705

Roots auto repair, llc was initially approved for PPP Loan of amount $50,705, the current approved amount is $50,705. The loan was approved on 04/15/2020 by The Essex Savings Bank reported 3 jobs and $50,705 was used to fund payroll.

Roots auto repair, llc is Existing or more than 2 years old

PPP Loan Search / CT / OLD SAYBROOK / Roots auto repair, llc

ROOTS AUTO REPAIR, LLC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ROOTS AUTO REPAIR, LLC

Borrower Address

11 MILL ROCK RD East

Borrower City

OLD SAYBROOK

Borrower State

CT

Borrower Zip

06475-1176

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50705.00

Current Approval Amount

50705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16143

Servicing Lender Name

Essex Savings Bank

Servicing Lender Address

35 Plains Rd

Servicing Lender City

ESSEX

Servicing Lender State

CT

Servicing Lender Zip

06426-1503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLD SAYBROOK

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-1176

CD

CT-02

Jobs Reported

3

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2250.00

Payroll Proceed

40564.00

Mortgage Interest Proceed

0.00

Rent Proceed

7891.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

16143

Originating Lender

Essex Savings Bank

Originating Lender City

ESSEX

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51130.09

Forgiveness Date

02/25/2021

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