PPP Loan information for Cars unlimited inc

$41,700

Cars unlimited inc was initially approved for PPP Loan of amount $41,700, the current approved amount is $41,700. The loan was approved on 04/08/2020 by The Martha's Vineyard Bank reported 5 jobs and $41,700 was used to fund payroll.

Cars unlimited inc is Existing or more than 2 years old

CARS UNLIMITED INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CARS UNLIMITED INC

Borrower Address

5 North Line Road

Borrower City

Edgartown

Borrower State

MA

Borrower Zip

02539-6008

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41700.00

Current Approval Amount

41700.00

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

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41700.00

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

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

42152.42

Forgiveness Date

05/20/2021

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