PPP Loan information for Classic automotive inc.

$55,500

Classic automotive inc. was initially approved for PPP Loan of amount $55,500, the current approved amount is $55,500. The loan was approved on 02/26/2021 by The Country Bank for Savings reported 5 jobs and $55,500 was used to fund payroll.

Classic automotive inc. is Existing or more than 2 years old

PPP Loan Search / MA / Leicester / Classic automotive inc.

CLASSIC AUTOMOTIVE INC.

Date Approved

02/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CLASSIC AUTOMOTIVE INC.

Borrower Address

1323 Main St

Borrower City

Leicester

Borrower State

MA

Borrower Zip

01524-1326

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55500.00

Current Approval Amount

55500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33389

Servicing Lender Name

Country Bank for Savings

Servicing Lender Address

75 Main St

Servicing Lender City

WARE

Servicing Lender State

MA

Servicing Lender Zip

01082-1350

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leicester

Project County Name

WORCESTER

Project State

MA

Project Zip

01524-1326

CD

MA-02

Jobs Reported

5

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55498.00

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

33389

Originating Lender

Country Bank for Savings

Originating Lender City

WARE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56055.00

Forgiveness Date

02/25/2022

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