PPP Loan information for American auto resource corporation

$37,840

American auto resource corporation was initially approved for PPP Loan of amount $37,840, the current approved amount is $37,840. The loan was approved on 03/01/2021 by The Bank of America, National Association reported 5 jobs and $37,840 was used to fund payroll.

American auto resource corporation is Existing or more than 2 years old

PPP Loan Search / MA / East Longmeadow / American auto resource corporation

AMERICAN AUTO RESOURCE CORPORATION

Date Approved

03/01/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

AMERICAN AUTO RESOURCE CORPORATION

Borrower Address

179 N Main St

Borrower City

East Longmeadow

Borrower State

MA

Borrower Zip

01028-2336

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37840.00

Current Approval Amount

37840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Longmeadow

Project County Name

HAMPDEN

Project State

MA

Project Zip

01028-2336

CD

MA-01

Jobs Reported

5

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37840.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38023.50

Forgiveness Date

08/26/2021

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