PPP Loan information for Eurocraft motorsports inc.

$12,500

Eurocraft motorsports inc. was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 06/29/2020 by The Watertown Savings Bank reported 2 jobs and $12,500 was used to fund payroll.

Eurocraft motorsports inc. is Existing or more than 2 years old

PPP Loan Search / MA / WATERTOWN / Eurocraft motorsports inc.

EUROCRAFT MOTORSPORTS INC.

Date Approved

06/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EUROCRAFT MOTORSPORTS INC.

Borrower Address

71 ROSEDALE RD

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-2232

Loan Status Date

08/08/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33420

Servicing Lender Name

Watertown Savings Bank

Servicing Lender Address

60 Main St

Servicing Lender City

WATERTOWN

Servicing Lender State

MA

Servicing Lender Zip

02472-4413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2232

CD

MA-05

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12500.00

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

33420

Originating Lender

Watertown Savings Bank

Originating Lender City

WATERTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12613.54

Forgiveness Date

05/27/2021

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