PPP Loan information for Burlington motor sports inc

$1,627,785

Burlington motor sports inc was initially approved for PPP Loan of amount $1,627,785, the current approved amount is $1,627,785. The loan was approved on 03/25/2021 by The Bank of America, National Association reported 113 jobs and $1,627,785 was used to fund payroll.

Burlington motor sports inc is Existing or more than 2 years old

BURLINGTON MOTOR SPORTS INC

Date Approved

03/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BURLINGTON MOTOR SPORTS INC

Borrower Address

80 Cambridge St

Borrower City

Burlington

Borrower State

MA

Borrower Zip

01803-4137

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1627785.00

Current Approval Amount

1627785.00

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car Dealer Agreement

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-4137

CD

MA-06

Jobs Reported

113

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1627782.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1650038.83

Forgiveness Date

08/11/2022

;