PPP Loan information for Bonnell motors inc.

$858,970

Bonnell motors inc. was initially approved for PPP Loan of amount $858,970, the current approved amount is $858,970. The loan was approved on 03/24/2021 by The Winchester Co-Operative Bank reported 53 jobs and $858,970 was used to fund payroll.

Bonnell motors inc. is Existing or more than 2 years old

PPP Loan Search / MA / Winchester / Bonnell motors inc.

BONNELL MOTORS INC.

Date Approved

03/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BONNELL MOTORS INC.

Borrower Address

353 Cambridge St

Borrower City

Winchester

Borrower State

MA

Borrower Zip

01890-2340

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

858970.00

Current Approval Amount

858970.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

89265

Servicing Lender Name

Winchester Co-Operative Bank

Servicing Lender Address

19 Church St

Servicing Lender City

WINCHESTER

Servicing Lender State

MA

Servicing Lender Zip

01890-1804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winchester

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01890-2340

CD

MA-05

Jobs Reported

53

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

858970.00

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

Subchapter S Corporation

Originating Lender Location Id

89265

Originating Lender

Winchester Co-Operative Bank

Originating Lender City

WINCHESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

863527.31

Forgiveness Date

10/08/2021

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