PPP Loan information for Auto body clinic, inc

$619,700

Auto body clinic, inc was initially approved for PPP Loan of amount $619,700, the current approved amount is $619,700. The loan was approved on 04/09/2020 by The Enterprise Bank and Trust Company reported 40 jobs and $619,700 was used to fund payroll.

Auto body clinic, inc is Existing or more than 2 years old

AUTO BODY CLINIC, INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AUTO BODY CLINIC, INC

Borrower Address

255 Andover Street

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-1522

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

619700.00

Current Approval Amount

619700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-1522

CD

MA-06

Jobs Reported

40

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26500.00

Payroll Proceed

508700.00

Mortgage Interest Proceed

5900.00

Rent Proceed

37600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

41000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

625242.87

Forgiveness Date

03/09/2021

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