# PPP loan: IMPORT MOTORS OF OLD SAYBROOK LLC
> **$206K** approved 03/13/2021 · Paid in Full · Loan `1760678610`
## Borrower
- **Name:** IMPORT MOTORS OF OLD SAYBROOK LLC
- **Address:** 275 Middlesex Tpke, Old Saybrook, CT, 06475-4209
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $206K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*