PPP Loan information for Executive auto center, inc

$20,000

Executive auto center, inc was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/08/2020 by The Charles River Bank reported 4 jobs and $20,000 was used to fund payroll.

Executive auto center, inc is Existing or more than 2 years old

EXECUTIVE AUTO CENTER, INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EXECUTIVE AUTO CENTER, INC

Borrower Address

728 s MAIN ST

Borrower City

BELLINGHAM

Borrower State

MA

Borrower Zip

02019-2920

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85119

Servicing Lender Name

Charles River Bank

Servicing Lender Address

70 Main St

Servicing Lender City

MEDWAY

Servicing Lender State

MA

Servicing Lender Zip

02053-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLINGHAM

Project County Name

NORFOLK

Project State

MA

Project Zip

02019-2920

CD

MA-04

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

85119

Originating Lender

Charles River Bank

Originating Lender City

MEDWAY

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20115.56

Forgiveness Date

11/05/2020

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