# PPP loan: SAYBROOK BUICK GMC INC
> **$324K** approved 04/09/2020 · Charged Off · Loan `9863497008`
## Borrower
- **Name:** SAYBROOK BUICK GMC INC
- **Address:** 225 Middlesex Turnpike, Old Saybrook, CT, 06475
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $299K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 16
## Lender
- **Originating:** Nutmeg State Financial Credit Union
- **Servicing:** Nutmeg State Financial Credit Union (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*