PPP Loan information for Light auto sales and repair inc.

$18,229

Light auto sales and repair inc. was initially approved for PPP Loan of amount $18,229, the current approved amount is $18,229. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $18,229 was used to fund payroll.

Light auto sales and repair inc. is New Business or 2 years or less

LIGHT AUTO SALES AND REPAIR INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LIGHT AUTO SALES AND REPAIR INC.

Borrower Address

15 CHESTNUT ST

Borrower City

EVERETT

Borrower State

MA

Borrower Zip

02149-2903

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18229.00

Current Approval Amount

18229.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

EVERETT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02149-2903

CD

MA-07

Jobs Reported

1

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18229.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8348.21

Forgiveness Date

10/15/2021

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