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
- City
- Newport
- State
- Rhode Island
- 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
Other PPP Loans in Newport, RI
| Business | Approved | |
|---|---|---|
| East Bay Community Action Program | $3,983,937 | |
| Preservation Society of Newport County | $2,733,100 | |
| Ginri Assets, LLC | $2,490,300 | |
| Ginri Assets LLC | $2,000,000 | |
| The Preservation Society of Newport County | $2,000,000 |
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