Grieco Hyundai, LLC

$412,500 PPP Loan in Johnston, Rhode Island

Loan Details

Loan Number
4506567004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$412,500
Current Approval
$527,400
Forgiveness Amount
$532,103
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grieco Hyundai, LLC
Address
1890 Hartford Ave
ZIP Code
02919-3243
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
60
Estimated Revenue
$15.1M
Rural/Urban
Urban
Congressional District
RI-02

Loan Use Breakdown

Payroll
$477,400
Rent
$30,000
Utilities
$20,000

Lender Information

Servicing Lender
Mechanics Cooperative Bank
Originating Lender
Mechanics Cooperative Bank

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