# PPP loan: COLONIAL AUTOMOBILE CO.,
> **$897K** approved 04/06/2020 · Paid in Full · Loan `5654847001`
## Borrower
- **Name:** COLONIAL AUTOMOBILE CO.,
- **Address:** 120 FEDERAL RD, DANBURY, CT, 06811-4022
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $897K
- **Initial approval:** $897K
- **Forgiven:** $908K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $897K
- **Jobs reported:** 66
## Lender
- **Originating:** Savings Bank of Danbury
- **Servicing:** Savings Bank of Danbury (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*