PPP Loan information for Toyota of colchester

$409,205

Toyota of colchester was initially approved for PPP Loan of amount $409,205, the current approved amount is $409,205. The loan was approved on 04/11/2020 by The Chelsea Groton Bank reported 42 jobs and $409,205 was used to fund payroll.

Toyota of colchester is Existing or more than 2 years old

PPP Loan Search / CT / COLCHESTER / Toyota of colchester

TOYOTA OF COLCHESTER

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

TOYOTA OF COLCHESTER

Borrower Address

100 OLD HARTFORD RD

Borrower City

COLCHESTER

Borrower State

CT

Borrower Zip

06415-2736

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409205.00

Current Approval Amount

409205.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLCHESTER

Project County Name

NEW LONDON

Project State

CT

Project Zip

06415-2736

CD

CT-02

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40920.48

Payroll Proceed

327364.04

Mortgage Interest Proceed

0.00

Rent Proceed

40920.48

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

414362.10

Forgiveness Date

07/21/2021

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