PPP Loan information for Shannon motors acceptance corporation, inc.

$76,800

Shannon motors acceptance corporation, inc. was initially approved for PPP Loan of amount $74,700, the current approved amount is $76,800. The loan was approved on 04/07/2020 by The Navigant CU reported 6 jobs and $76,800 was used to fund payroll.

Shannon motors acceptance corporation, inc. is Existing or more than 2 years old

PPP Loan Search / RI / JOHNSTON / Shannon motors acceptance corporation, inc.

SHANNON MOTORS ACCEPTANCE CORPORATION, INC.

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

SHANNON MOTORS ACCEPTANCE CORPORATION, INC.

Borrower Address

656 KILLINGLY ST

Borrower City

JOHNSTON

Borrower State

RI

Borrower Zip

02919-3915

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74700.00

Current Approval Amount

76800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104771

Servicing Lender Name

Navigant CU

Servicing Lender Address

1005 Douglas Pike

Servicing Lender City

SMITHFIELD

Servicing Lender State

RI

Servicing Lender Zip

02917-1206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOHNSTON

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02919-3906

CD

RI-02

Jobs Reported

6

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9600.00

Payroll Proceed

57600.00

Mortgage Interest Proceed

0.00

Rent Proceed

9600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

104771

Originating Lender

Navigant CU

Originating Lender City

SMITHFIELD

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75258.18

Forgiveness Date

01/08/2021

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