PPP Loan information for Alternative motors of adams, inc.

$22,000

Alternative motors of adams, inc. was initially approved for PPP Loan of amount $22,000, the current approved amount is $22,000. The loan was approved on 04/04/2020 by The Adams Community Bank reported 4 jobs and $22,000 was used to fund payroll.

Alternative motors of adams, inc. is New Business or 2 years or less

ALTERNATIVE MOTORS OF ADAMS, INC.

Date Approved

04/04/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

ALTERNATIVE MOTORS OF ADAMS, INC.

Borrower Address

69 Columbia St

Borrower City

ADAMS

Borrower State

MA

Borrower Zip

01220-1340

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22000.00

Current Approval Amount

22000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30944

Servicing Lender Name

Adams Community Bank

Servicing Lender Address

2 Center St

Servicing Lender City

ADAMS

Servicing Lender State

MA

Servicing Lender Zip

01220-2332

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ADAMS

Project County Name

BERKSHIRE

Project State

MA

Project Zip

01220-1340

CD

MA-01

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30944

Originating Lender

Adams Community Bank

Originating Lender City

ADAMS

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22168.77

Forgiveness Date

01/20/2021

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