PPP Loan information for Generation 2000 auto sales

$35,000

Generation 2000 auto sales was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 02/09/2021 by The North Shore Bank, a Co-operative Bank reported 2 jobs and $35,000 was used to fund payroll.

Generation 2000 auto sales is Existing or more than 2 years old

PPP Loan Search / MA / Beverly / Generation 2000 auto sales

GENERATION 2000 AUTO SALES

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

GENERATION 2000 AUTO SALES

Borrower Address

94 Cabot St

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915-5105

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beverly

Project County Name

ESSEX

Project State

MA

Project Zip

01915-5105

CD

MA-06

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34997.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35211.94

Forgiveness Date

09/27/2021

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