PPP Loan information for Belmont auto center

$48,500

Belmont auto center was initially approved for PPP Loan of amount $50,000, the current approved amount is $48,500. The loan was approved on 01/30/2021 by The Leader Bank, National Association reported 5 jobs and $48,500 was used to fund payroll.

Belmont auto center is Existing or more than 2 years old

PPP Loan Search / MA / Watertown / Belmont auto center

BELMONT AUTO CENTER

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BELMONT AUTO CENTER

Borrower Address

180 Belmont St

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-2912

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

48500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2912

CD

MA-05

Jobs Reported

5

NAICS Code

811198

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48500.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48793.66

Forgiveness Date

09/22/2021

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