Family Motors, Inc.
$203,099 PPP Loan in Groton, Connecticut
Loan Details
- Loan Number
- 2948437107
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $203,099
- Current Approval
- $203,099
- Forgiveness Amount
- $205,659
- Forgiveness Date
- Jul 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Family Motors, Inc.
- Address
- 421 Route 12
- City
- Groton
- State
- Connecticut
- 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
- 21
- Estimated Revenue
- $5.3M
- Rural/Urban
- Urban
- Congressional District
- CT-02
Loan Use Breakdown
- Payroll
- $162,480
- Rent
- $20,310
- Utilities
- $20,310
Lender Information
- Servicing Lender
- Chelsea Groton Bank
- Originating Lender
- Chelsea Groton Bank
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