PPP Loan information for Commonwealth chevrolet inc

$608,602

Commonwealth chevrolet inc was initially approved for PPP Loan of amount $608,602, the current approved amount is $608,602. The loan was approved on 04/13/2020 by The Bank of America, National Association reported 50 jobs and $608,602 was used to fund payroll.

Commonwealth chevrolet inc is Unanswered

PPP Loan Search / MA / LAWRENCE / Commonwealth chevrolet inc

COMMONWEALTH CHEVROLET INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COMMONWEALTH CHEVROLET INC

Borrower Address

155 MARSTON ST

Borrower City

LAWRENCE

Borrower State

MA

Borrower Zip

01841-1526

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

608602.00

Current Approval Amount

608602.00

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

LAWRENCE

Project County Name

ESSEX

Project State

MA

Project Zip

01841-1526

CD

MA-03

Jobs Reported

50

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

608602.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

617022.38

Forgiveness Date

09/02/2021

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