PPP Loan information for James motors, inc

$22,500

James motors, inc was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 04/06/2020 by The New Valley Bank & Trust reported 3 jobs and $22,500 was used to fund payroll.

James motors, inc is Existing or more than 2 years old

PPP Loan Search / MA / EAST LONGMEADOW / James motors, inc

JAMES MOTORS, INC

Date Approved

04/06/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

JAMES MOTORS, INC

Borrower Address

607 N. Main St.

Borrower City

EAST LONGMEADOW

Borrower State

MA

Borrower Zip

01028-1824

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

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

EAST LONGMEADOW

Project County Name

HAMPDEN

Project State

MA

Project Zip

01028-1824

CD

MA-01

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

20000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22634.38

Forgiveness Date

11/23/2020

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