Hoffman Motors of New London INC

$331,300 PPP Loan in East Hartford, Connecticut

Loan Details

Loan Number
5496737007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$331,300
Current Approval
$331,300
Forgiveness Amount
$335,094
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hoffman Motors of New London INC
Address
700 Connecticut Blvd
ZIP Code
06108-3222
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Audi Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.1M
Rural/Urban
Urban
Congressional District
CT-01

Loan Use Breakdown

Payroll
$331,300

Lender Information

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

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