PPP Loan information for Banks chevrolet-cadillac, llc

$3,431,100

Banks chevrolet-cadillac, llc was initially approved for PPP Loan of amount $3,431,100, the current approved amount is $3,431,100. The loan was approved on 04/03/2020 by The Merrimack County Savings Bank reported 215 jobs and $3,431,100 was used to fund payroll.

Banks chevrolet-cadillac, llc is Existing or more than 2 years old

BANKS CHEVROLET-CADILLAC, LLC

Date Approved

04/03/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

BANKS CHEVROLET-CADILLAC, LLC

Borrower Address

137 Manchester Street

Borrower City

CONCORD

Borrower State

NH

Borrower Zip

03301-5118

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3431100.00

Current Approval Amount

3431100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42989

Servicing Lender Name

Merrimack County Savings Bank

Servicing Lender Address

89 N Main St

Servicing Lender City

CONCORD

Servicing Lender State

NH

Servicing Lender Zip

03301-4935

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

MERRIMACK

Project State

NH

Project Zip

03301-5118

CD

NH-02

Jobs Reported

215

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3431100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

42989

Originating Lender

Merrimack County Savings Bank

Originating Lender City

CONCORD

Originating Lender State

NH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3477819.36

Forgiveness Date

08/25/2021

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