Springfield Auto Mart, Inc.

$914,600 PPP Loan in North Springfield, Vermont

Loan Details

Loan Number
4392027007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$914,600
Current Approval
$914,600
Forgiveness Amount
$923,470
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Springfield Auto Mart, Inc.
Address
429 River Road
State
Vermont
ZIP Code
05150-9756
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$14.9M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$686,007
Rent
$90,000
Utilities
$98,593
Health Care
$40,000

Lender Information

Servicing Lender
Passumpsic Savings Bank
Originating Lender
Passumpsic Savings Bank

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