PPP Loan information for Vachon ford inc

$254,400

Vachon ford inc was initially approved for PPP Loan of amount $254,400, the current approved amount is $254,400. The loan was approved on 04/11/2020 by The Centreville Bank reported 22 jobs and $254,400 was used to fund payroll.

Vachon ford inc is Existing or more than 2 years old

VACHON FORD INC

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

VACHON FORD INC

Borrower Address

455 Providence St

Borrower City

BROOKLYN

Borrower State

CT

Borrower Zip

06234

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254400.00

Current Approval Amount

254400.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

65795

Servicing Lender Name

Centreville Bank

Servicing Lender Address

1218 Main St

Servicing Lender City

WEST WARWICK

Servicing Lender State

RI

Servicing Lender Zip

02893-4827

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

WINDHAM

Project State

CT

Project Zip

06234-0001

CD

CT-02

Jobs Reported

22

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

190800.00

Mortgage Interest Proceed

0.00

Rent Proceed

63600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

65795

Originating Lender

Centreville Bank

Originating Lender City

WEST WARWICK

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256074.80

Forgiveness Date

12/15/2020

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