PPP Loan information for The alderman motor company

$98,497

The alderman motor company was initially approved for PPP Loan of amount $98,497, the current approved amount is $98,497. The loan was approved on 04/13/2020 by The Ally Bank reported 9 jobs and $98,497 was used to fund payroll.

The alderman motor company is Existing or more than 2 years old

PPP Loan Search / CT / MERIDEN / The alderman motor company

THE ALDERMAN MOTOR COMPANY

Date Approved

04/13/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE ALDERMAN MOTOR COMPANY

Borrower Address

380 S. BROAD ST

Borrower City

MERIDEN

Borrower State

CT

Borrower Zip

06450-6659

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98497.00

Current Approval Amount

98497.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer 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

MERIDEN

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06450-6659

CD

CT-05

Jobs Reported

9

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98497.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99454.61

Forgiveness Date

04/08/2021

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