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Capitol City Auto Mart, Inc.

$970,600 PPP Loan in Berlin, Vermont

Loan Details

Loan Number
4399277004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$970,600
Current Approval
$970,600
Forgiveness Amount
$980,013
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Capitol City Auto Mart, Inc.
Address
1162 US Route 2
City
Berlin
State
Vermont
ZIP Code
05602-8348
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$19.9M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$727,962
Rent
$147,622
Utilities
$61,016
Health Care
$34,000

Lender Information

Servicing Lender
Passumpsic Savings Bank
Originating Lender
Passumpsic Savings Bank

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