PPP Loan information for Springfield auto mart, inc.

$914,600

Springfield auto mart, inc. was initially approved for PPP Loan of amount $914,600, the current approved amount is $914,600. The loan was approved on 04/03/2020 by The Passumpsic Savings Bank reported 59 jobs and $914,600 was used to fund payroll.

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

SPRINGFIELD AUTO MART, INC.

Date Approved

04/03/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

SPRINGFIELD AUTO MART, INC.

Borrower Address

429 River Road

Borrower City

NORTH SPRINGFIELD

Borrower State

VT

Borrower Zip

05150-9756

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

914600.00

Current Approval Amount

914600.00

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

NORTH SPRINGFIELD

Project County Name

WINDSOR

Project State

VT

Project Zip

05150-9756

CD

VT-

Jobs Reported

59

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

98593.00

Payroll Proceed

686007.00

Mortgage Interest Proceed

0.00

Rent Proceed

90000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

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

923470.37

Forgiveness Date

03/31/2021

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