PPP Loan information for Battery shop of new england inc

$181,402

Battery shop of new england inc was initially approved for PPP Loan of amount $181,402, the current approved amount is $181,402. The loan was approved on 04/14/2020 by The Methuen Co-Operative Bank reported 15 jobs and $181,402 was used to fund payroll.

Battery shop of new england inc is Existing or more than 2 years old

PPP Loan Search / MA / DRACUT / Battery shop of new england inc

BATTERY SHOP OF NEW ENGLAND INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BATTERY SHOP OF NEW ENGLAND INC

Borrower Address

40 SILVIA LANE

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826-2894

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181402.00

Current Approval Amount

181402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89291

Servicing Lender Name

Methuen Co-Operative Bank

Servicing Lender Address

243 Broadway

Servicing Lender City

METHUEN

Servicing Lender State

MA

Servicing Lender Zip

01844-3037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-2894

CD

MA-03

Jobs Reported

15

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

181402.00

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

89291

Originating Lender

Methuen Co-Operative Bank

Originating Lender City

METHUEN

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

183251.29

Forgiveness Date

04/26/2021

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