PPP Loan information for Battery shop of new england inc

$193,595

Battery shop of new england inc was initially approved for PPP Loan of amount $193,595, the current approved amount is $193,595. The loan was approved on 03/25/2021 by The Reading Co-Operative Bank reported 21 jobs and $193,595 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

03/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BATTERY SHOP OF NEW ENGLAND INC

Borrower Address

40 Silva Ln

Borrower City

Dracut

Borrower State

MA

Borrower Zip

01826-2894

Loan Status Date

08/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193595.00

Current Approval Amount

193595.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

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

21

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

193592.00

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

196057.96

Forgiveness Date

07/05/2022

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