Barry's Auto Group Inc.

$409,000 PPP Loan in Newport, Rhode Island

Loan Details

Loan Number
5234107006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$409,000
Current Approval
$409,000
Forgiveness Amount
$412,102
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Barry's Auto Group Inc.
Address
166 Connell Hwy
ZIP Code
02840-1011
Business Type
Sole Proprietorship
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.1M
Rural/Urban
Urban
Congressional District
RI-01

Loan Use Breakdown

Payroll
$311,482
Rent
$39,700
Utilities
$25,000
Debt Interest
$32,818

Lender Information

Servicing Lender
Mechanics Cooperative Bank
Originating Lender
Mechanics Cooperative Bank

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