PPP Loan information for Capitol city auto mart, inc.

$970,600

Capitol city auto mart, inc. was initially approved for PPP Loan of amount $970,600, the current approved amount is $970,600. The loan was approved on 04/03/2020 by The Passumpsic Savings Bank reported 79 jobs and $970,600 was used to fund payroll.

Capitol city auto mart, inc. is Existing or more than 2 years old

PPP Loan Search / VT / BERLIN / Capitol city auto mart, inc.

CAPITOL CITY AUTO MART, INC.

Date Approved

04/03/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

CAPITOL CITY AUTO MART, INC.

Borrower Address

1162 US ROUTE 2

Borrower City

BERLIN

Borrower State

VT

Borrower Zip

05602-8348

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

970600.00

Current Approval Amount

970600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73045

Servicing Lender Name

Passumpsic Savings Bank

Servicing Lender Address

497 Railroad St

Servicing Lender City

SAINT JOHNSBURY

Servicing Lender State

VT

Servicing Lender Zip

05819-1643

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERLIN

Project County Name

WASHINGTON

Project State

VT

Project Zip

05602-8348

CD

VT-

Jobs Reported

79

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

61016.00

Payroll Proceed

727962.00

Mortgage Interest Proceed

0.00

Rent Proceed

147622.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73045

Originating Lender

Passumpsic Savings Bank

Originating Lender City

SAINT JOHNSBURY

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

980013.49

Forgiveness Date

03/31/2021

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