Elmwood Auto Group, Inc.

$829,788 PPP Loan in East Providence, Rhode Island

Loan Details

Loan Number
3034227101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$829,788
Current Approval
$829,788
Forgiveness Amount
$837,279
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elmwood Auto Group, Inc.
Address
625 Taunton Avenue
ZIP Code
02914-1614
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
RI-01

Loan Use Breakdown

Payroll
$829,788

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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