PPP Loan information for Framingham auto sales, inc.

$735,712

Framingham auto sales, inc. was initially approved for PPP Loan of amount $735,712, the current approved amount is $735,712. The loan was approved on 04/09/2020 by The Avidia Bank reported 14 jobs and $735,712 was used to fund payroll.

Framingham auto sales, inc. is Existing or more than 2 years old

FRAMINGHAM AUTO SALES, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FRAMINGHAM AUTO SALES, INC.

Borrower Address

1200 Worcester Road

Borrower City

FRAMINGHAM

Borrower State

MA

Borrower Zip

01702-5208

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

735712.00

Current Approval Amount

735712.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRAMINGHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01702-5208

CD

MA-05

Jobs Reported

14

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

735712.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

743845.70

Forgiveness Date

05/21/2021

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