PPP Loan information for Valenti ford, inc.

$408,650

Valenti ford, inc. was initially approved for PPP Loan of amount $408,650, the current approved amount is $408,650. The loan was approved on 04/08/2020 by The Chelsea Groton Bank reported 24 jobs and $408,650 was used to fund payroll.

Valenti ford, inc. is Existing or more than 2 years old

PPP Loan Search / CT / MYSTIC / Valenti ford, inc.

VALENTI FORD, INC.

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

VALENTI FORD, INC.

Borrower Address

72 JERRY BROWNE RD

Borrower City

MYSTIC

Borrower State

CT

Borrower Zip

06355-3050

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408650.00

Current Approval Amount

408650.00

Undisbursed Amount

0.00

Franchise Name

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

MYSTIC

Project County Name

NEW LONDON

Project State

CT

Project Zip

06355-3050

CD

CT-02

Jobs Reported

24

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40865.00

Payroll Proceed

326920.00

Mortgage Interest Proceed

0.00

Rent Proceed

40865.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

411448.97

Forgiveness Date

12/23/2020

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