Toyota of Colchester

$409,205 PPP Loan in Colchester, Connecticut

Loan Details

Loan Number
3031917101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$409,205
Current Approval
$409,205
Forgiveness Amount
$414,362
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Toyota of Colchester
Address
100 Old Hartford Rd
ZIP Code
06415-2736
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.6M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$327,364
Rent
$40,920
Utilities
$40,920

Lender Information

Servicing Lender
Chelsea Groton Bank
Originating Lender
Chelsea Groton Bank

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