PPP Loan information for Valenti vw-suzuki, inc.

$513,250

Valenti vw-suzuki, inc. was initially approved for PPP Loan of amount $513,250, the current approved amount is $513,250. The loan was approved on 04/08/2020 by The Chelsea Groton Bank reported 42 jobs and $513,250 was used to fund payroll.

Valenti vw-suzuki, inc. is Existing or more than 2 years old

VALENTI VW-SUZUKI, INC.

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

VALENTI VW-SUZUKI, INC.

Borrower Address

319 MIDDLESEX TPKE

Borrower City

OLD SAYBROOK

Borrower State

CT

Borrower Zip

06475-4209

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

513250.00

Current Approval Amount

513250.00

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

OLD SAYBROOK

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-4209

CD

CT-02

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51325.00

Payroll Proceed

410600.00

Mortgage Interest Proceed

0.00

Rent Proceed

51325.00

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

516765.41

Forgiveness Date

12/23/2020

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