Valenti Ford, Inc.

$408,650 PPP Loan in Mystic, Connecticut

Loan Details

Loan Number
8730147010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$408,650
Current Approval
$408,650
Forgiveness Amount
$411,449
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Valenti Ford, Inc.
Address
72 Jerry Browne Rd
City
Mystic
ZIP Code
06355-3050
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$326,920
Rent
$40,865
Utilities
$40,865

Lender Information

Servicing Lender
Chelsea Groton Bank
Originating Lender
Chelsea Groton Bank

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