Family Motors INC

$203,100 PPP Loan in Groton, Connecticut

Loan Details

Loan Number
1566728804
Date Approved
Apr 10, 2021
Loan Status
Paid in Full
Initial Approval
$203,100
Current Approval
$203,100
Forgiveness Amount
$205,632
Forgiveness Date
Aug 9, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Family Motors INC
Address
421 Route 12
City
Groton
ZIP Code
06340-2948
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$203,100

Lender Information

Servicing Lender
Ion Bank
Originating Lender
Ion Bank

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