PPP Loan information for Express tire & auto service, inc.

$72,000

Express tire & auto service, inc. was initially approved for PPP Loan of amount $72,000, the current approved amount is $72,000. The loan was approved on 04/04/2020 by The Needham Bank reported 7 jobs and $72,000 was used to fund payroll.

Express tire & auto service, inc. is Existing or more than 2 years old

EXPRESS TIRE & AUTO SERVICE, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EXPRESS TIRE & AUTO SERVICE, INC.

Borrower Address

433 MAIN ST

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-2240

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72000.00

Current Approval Amount

72000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

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

02472-2240

CD

MA-05

Jobs Reported

7

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72000.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65326.81

Forgiveness Date

10/30/2020

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