PPP Loan information for Cars unlimited inc.

$62,513

Cars unlimited inc. was initially approved for PPP Loan of amount $62,513, the current approved amount is $62,513. The loan was approved on 01/29/2021 by The Martha's Vineyard Bank reported 8 jobs and $62,513 was used to fund payroll.

Cars unlimited inc. is Existing or more than 2 years old

CARS UNLIMITED INC.

Date Approved

01/29/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CARS UNLIMITED INC.

Borrower Address

5 N Line Rd

Borrower City

Edgartown

Borrower State

MA

Borrower Zip

02539-6008

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62512.50

Current Approval Amount

62512.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32770

Servicing Lender Name

Martha's Vineyard Bank

Servicing Lender Address

78 Main St

Servicing Lender City

EDGARTOWN

Servicing Lender State

MA

Servicing Lender Zip

02539

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edgartown

Project County Name

DUKES

Project State

MA

Project Zip

02539-6008

CD

MA-09

Jobs Reported

8

NAICS Code

811198

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62511.50

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

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63051.99

Forgiveness Date

12/14/2021

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