PPP Loan information for Sullivan automotive, inc.

$346,500

Sullivan automotive, inc. was initially approved for PPP Loan of amount $377,849, the current approved amount is $346,500. The loan was approved on 04/05/2020 by The Northwest Community Bank reported 34 jobs and $346,500 was used to fund payroll.

Sullivan automotive, inc. is Existing or more than 2 years old

SULLIVAN AUTOMOTIVE, INC.

Date Approved

04/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SULLIVAN AUTOMOTIVE, INC.

Borrower Address

2015 E. MAIN ST

Borrower City

TORRINGTON

Borrower State

CT

Borrower Zip

06790-3111

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

377849.00

Current Approval Amount

346500.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

16533

Servicing Lender Name

Northwest Community Bank

Servicing Lender Address

86 Main St

Servicing Lender City

WINSTED

Servicing Lender State

CT

Servicing Lender Zip

06098-1711

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TORRINGTON

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06790-3111

CD

CT-01

Jobs Reported

34

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

346500.00

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

Subchapter S Corporation

Originating Lender Location Id

16533

Originating Lender

Northwest Community Bank

Originating Lender City

WINSTED

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

348749.88

Forgiveness Date

12/09/2020

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