PPP Loan information for Empire hyunda inc

$1,098,100

Empire hyunda inc was initially approved for PPP Loan of amount $1,098,100, the current approved amount is $1,098,100. The loan was approved on 04/04/2020 by The Mechanics Cooperative Bank reported 98 jobs and $1,098,100 was used to fund payroll.

Empire hyunda inc is Existing or more than 2 years old

PPP Loan Search / MA / FALL RIVER / Empire hyunda inc

EMPIRE HYUNDA INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EMPIRE HYUNDA INC

Borrower Address

428 PLEASANT ST

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02721-3022

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1098100.00

Current Approval Amount

1098100.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02721-3022

CD

MA-04

Jobs Reported

98

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29300.00

Payroll Proceed

878500.00

Mortgage Interest Proceed

0.00

Rent Proceed

132000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

58300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1105390.16

Forgiveness Date

12/09/2020

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