Reynolds Garage & Marine Inc.

$650,662 PPP Loan in Old Lyme, Connecticut

Loan Details

Loan Number
5039557104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$650,662
Current Approval
$650,663
Forgiveness Amount
$655,618
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reynolds Garage & Marine Inc.
Address
264 Hamburg Road
ZIP Code
06371-3421
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$490,948
Rent
$125,000
Utilities
$2,194
Health Care
$29,585
Debt Interest
$2,936

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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