# PPP loan: TREMONTE AUTO GROUP INC
> **$244K** approved 04/08/2020 · Paid in Full · Loan `8504807009`
## Borrower
- **Name:** TREMONTE AUTO GROUP INC
- **Address:** 490 East Main Street, BRANFORD, CT, 06405-2919
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 11
## Lender
- **Originating:** The Guilford Savings Bank
- **Servicing:** The Guilford Savings Bank (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*