Date Approved
04/11/2020
SBA Office Code
0165
Processing Method
PPP
Borrower Name
ELMWOOD AUTO GROUP, INC.
Borrower Address
625 Taunton Avenue
Borrower City
EAST PROVIDENCE
Borrower State
RI
Borrower Zip
02914-1614
Loan Status Date
04/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
829788.20
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Chrysler - Sales and Service Agreement
Servicing Lender Location Id
426652
Servicing Lender Name
Ally Bank
Servicing Lender Address
200 W Civic Center Dr
Servicing Lender City
SANDY
Servicing Lender State
UT
Servicing Lender Zip
84070-4207
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PROVIDENCE
Project State
Project Zip
CD
RI-01
Jobs Reported
64
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
837279.34
Forgiveness Date
03/10/2021