PPP Loan information for British motor works, llc

$700,800

British motor works, llc was initially approved for PPP Loan of amount $700,800, the current approved amount is $700,800. The loan was approved on 04/07/2020 by The Fairfield County Bank reported 42 jobs and $700,800 was used to fund payroll.

British motor works, llc is Existing or more than 2 years old

BRITISH MOTOR WORKS, LLC

Date Approved

04/07/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

BRITISH MOTOR WORKS, LLC

Borrower Address

1 Commerce Drive

Borrower City

FAIRFIELD

Borrower State

CT

Borrower Zip

06825-5525

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700800.00

Current Approval Amount

700800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16447

Servicing Lender Name

Fairfield County Bank

Servicing Lender Address

150 Danbury Rd

Servicing Lender City

RIDGEFIELD

Servicing Lender State

CT

Servicing Lender Zip

06877-3229

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06825-5525

CD

CT-04

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35040.00

Payroll Proceed

560640.00

Mortgage Interest Proceed

0.00

Rent Proceed

105120.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

16447

Originating Lender

Fairfield County Bank

Originating Lender City

RIDGEFIELD

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

707923.20

Forgiveness Date

04/29/2021

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