Grossman Chevrolet Nissan
$626,075 PPP Loan in Old Saybrook, Connecticut
Loan Details
- Loan Number
- 7959007105
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $626,075
- Current Approval
- $626,075
- Forgiveness Amount
- $631,272
- Forgiveness Date
- Feb 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Grossman Chevrolet Nissan
- Address
- 300 Middlesex Turnpike
- City
- Old Saybrook
- State
- Connecticut
- ZIP Code
- 06475
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 44
- Estimated Revenue
- $11.1M
- Rural/Urban
- Urban
- Congressional District
- CT-02
Loan Use Breakdown
- Payroll
- $432,000
- Utilities
- $56,500
- Health Care
- $37,000
- Debt Interest
- $100,575
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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