Hutchins Motors Inc.
$2,634,600 PPP Loan in Augusta, Maine
Loan Details
- Loan Number
- 5337207004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,634,600
- Current Approval
- $2,622,764
- Forgiveness Amount
- $2,645,713
- Forgiveness Date
- Feb 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Hutchins Motors Inc.
- Address
- 187 Riverside Drive
- City
- Augusta
- State
- Maine
- ZIP Code
- 04330-4133
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 232
- Estimated Revenue
- $58.5M
- Rural/Urban
- Rural
- Congressional District
- ME-02
Loan Use Breakdown
- Payroll
- $2,622,764
Lender Information
- Servicing Lender
- Bangor Savings Bank
- Originating Lender
- Bangor Savings Bank
Other PPP Loans in Augusta, ME
| Business | Approved | |
|---|---|---|
| Nrf Distributors INC | $4,478,900 | |
| Letter Systems, Inc. | $2,493,000 | |
| Charlies Motor Mall, Inc. | $2,190,900 | |
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| Letter Systems INC | $2,000,000 |
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