Shannon Motors Acceptance Corporation, Inc.

$74,700 PPP Loan in Johnston, Rhode Island

Loan Details

Loan Number
7049537003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$74,700
Current Approval
$76,800
Forgiveness Amount
$75,258
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shannon Motors Acceptance Corporation, Inc.
Address
656 Killingly St
ZIP Code
02919-3915
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
RI-02

Loan Use Breakdown

Payroll
$57,600
Rent
$9,600
Utilities
$9,600

Lender Information

Servicing Lender
Navigant Cu
Originating Lender
Navigant Cu

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