Scap Motors, Inc.

$1,242,300 PPP Loan in Fairfield, Connecticut

Loan Details

Loan Number
5788747001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,242,300
Current Approval
$1,242,300
Forgiveness Amount
$1,251,762
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Scap Motors, Inc.
Address
421 Tunxis Hill Rd
ZIP Code
06825-4413
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mitsubishi Motors Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$22.7M
Rural/Urban
Urban
Congressional District
CT-04

Loan Use Breakdown

Payroll
$993,840
Rent
$186,345
Utilities
$62,115

Lender Information

Servicing Lender
Fairfield County Bank
Originating Lender
Fairfield County Bank

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