PPP Loan information for Barry's auto group inc.

$409,000

Barry's auto group inc. was initially approved for PPP Loan of amount $409,000, the current approved amount is $409,000. The loan was approved on 01/20/2021 by The Mechanics Cooperative Bank reported 31 jobs and $409,000 was used to fund payroll.

Barry's auto group inc. is Existing or more than 2 years old

PPP Loan Search / RI / Newport / Barry's auto group inc.

BARRY'S AUTO GROUP INC.

Date Approved

01/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

BARRY'S AUTO GROUP INC.

Borrower Address

166 Connell Hwy

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-1011

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

409000.00

Current Approval Amount

409000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-1011

CD

RI-01

Jobs Reported

31

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

408997.00

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

Sole Proprietorship

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

411510.81

Forgiveness Date

09/07/2021

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