ACADEMY AUTO SALES INC (CT) - 2020 PPP Loan Borrower Profile (# 7044518408)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACADEMY AUTO SALES INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Connecticut.
Loan Detail
Loan Number
7044518408
SBA Office Code
0156
Processing Method
PPS
Curent Loan Amount
$87,340
Date Loan was Approved
Feb 11, 2021
Amount Forgiven
$87,816.18
Date Loan was Forgiven
Sep 7, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
87,335
Lender
Webster Bank National Association
Business Detail
Business Type
Corporation
NAICS
811111
Borrower Location
Bristol, CT
Project Location
Bristol, CT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
11
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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