Mal's Auto & Truck Repair Inc.

$279,620 PPP Loan in Old Saybrook, Connecticut

Loan Details

Loan Number
5962097101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$279,620
Current Approval
$279,620
Forgiveness Amount
$283,152
Forgiveness Date
Jul 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mal's Auto & Truck Repair Inc.
Address
586 Po Box 6 Center Road
ZIP Code
06475-0586
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$223,696
Rent
$42,807
Utilities
$7,742
Debt Interest
$5,375

Lender Information

Servicing Lender
Essex Savings Bank
Originating Lender
Essex Savings Bank

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