Berlin Automotive T1, LLC

$878,835 PPP Loan in Berlin, Vermont

Loan Details

Loan Number
1008367105
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$878,835
Current Approval
$878,835
Forgiveness Amount
$888,213
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Berlin Automotive T1, LLC
Address
30 Berlin Mall Rd 0.0
City
Berlin
State
Vermont
ZIP Code
05602-4426
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$16.1M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$610,036
Rent
$185,220
Utilities
$19,000
Health Care
$64,579

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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