PPP Loan information for Lannan chevrolet

$749,600

Lannan chevrolet was initially approved for PPP Loan of amount $749,600, the current approved amount is $749,600. The loan was approved on 04/14/2020 by The Enterprise Bank and Trust Company reported 57 jobs and $749,600 was used to fund payroll.

Lannan chevrolet is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Lannan chevrolet

LANNAN CHEVROLET

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LANNAN CHEVROLET

Borrower Address

40 WINN ST

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-2835

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

749600.00

Current Approval Amount

749600.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-2835

CD

MA-05

Jobs Reported

57

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18000.00

Payroll Proceed

590000.00

Mortgage Interest Proceed

0.00

Rent Proceed

96000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45600.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

755222.00

Forgiveness Date

01/20/2021

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