Roots Auto Repair, LLC

$50,705 PPP Loan in Old Saybrook, Connecticut

Loan Details

Loan Number
9361247101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$50,705
Current Approval
$50,705
Forgiveness Amount
$51,130
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Roots Auto Repair, LLC
Address
11 Mill Rock Rd East
ZIP Code
06475-1176
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$40,564
Rent
$7,891
Utilities
$2,250

Lender Information

Servicing Lender
Essex Savings Bank
Originating Lender
Essex Savings Bank

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