PPP Loan information for Jacksons auto sales & service, inc

$86,500

Jacksons auto sales & service, inc was initially approved for PPP Loan of amount $86,500, the current approved amount is $86,500. The loan was approved on 04/28/2020 by The New Valley Bank & Trust reported 10 jobs and $86,500 was used to fund payroll.

Jacksons auto sales & service, inc is Existing or more than 2 years old

JACKSONS AUTO SALES & SERVICE, INC

Date Approved

04/28/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

JACKSONS AUTO SALES & SERVICE, INC

Borrower Address

1307 Park Street

Borrower City

Palmer

Borrower State

MA

Borrower Zip

01069

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86499.90

Current Approval Amount

86499.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palmer

Project County Name

HAMPDEN

Project State

MA

Project Zip

01069-0001

CD

MA-01

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86499.90

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

Corporation

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87535.53

Forgiveness Date

07/19/2021

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