PPP Loan information for 508 customs & collisions inc

$25,000

508 customs & collisions inc was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/15/2020 by The Mechanics Cooperative Bank reported 2 jobs and $25,000 was used to fund payroll.

508 customs & collisions inc is Existing or more than 2 years old

508 CUSTOMS & COLLISIONS INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

508 CUSTOMS & COLLISIONS INC

Borrower Address

1940 COUNTY ST

Borrower City

DIGHTON

Borrower State

MA

Borrower Zip

02715-1211

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DIGHTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02715-1211

CD

MA-04

Jobs Reported

2

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

20000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25199.31

Forgiveness Date

02/02/2021

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