PPP Loan information for Automotive restorations, inc.

$357,500

Automotive restorations, inc. was initially approved for PPP Loan of amount $357,500, the current approved amount is $357,500. The loan was approved on 01/17/2021 by The The Milford Bank reported 30 jobs and $357,500 was used to fund payroll.

Automotive restorations, inc. is Existing or more than 2 years old

PPP Loan Search / CT / Stratford / Automotive restorations, inc.

AUTOMOTIVE RESTORATIONS, INC.

Date Approved

01/17/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

AUTOMOTIVE RESTORATIONS, INC.

Borrower Address

100 Lupes Dr

Borrower City

Stratford

Borrower State

CT

Borrower Zip

06615-6436

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

357500.00

Current Approval Amount

357500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16310

Servicing Lender Name

The Milford Bank

Servicing Lender Address

33 Broad St

Servicing Lender City

MILFORD

Servicing Lender State

CT

Servicing Lender Zip

06460-3319

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Stratford

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06615-6436

CD

CT-03

Jobs Reported

30

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

357496.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

16310

Originating Lender

The Milford Bank

Originating Lender City

MILFORD

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

359072.58

Forgiveness Date

08/24/2021

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