PPP Loan information for Martel's automotive service, inc.

$23,100

Martel's automotive service, inc. was initially approved for PPP Loan of amount $23,100, the current approved amount is $23,100. The loan was approved on 04/07/2020 by The Institution for Savings In Newburyport and its Vicinity reported 3 jobs and $23,100 was used to fund payroll.

Martel's automotive service, inc. is Existing or more than 2 years old

PPP Loan Search / MA / IPSWICH / Martel's automotive service, inc.

MARTEL'S AUTOMOTIVE SERVICE, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARTEL'S AUTOMOTIVE SERVICE, INC.

Borrower Address

5-7 Brown Street

Borrower City

IPSWICH

Borrower State

MA

Borrower Zip

01938-1816

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23100.00

Current Approval Amount

23100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IPSWICH

Project County Name

ESSEX

Project State

MA

Project Zip

01938-1816

CD

MA-06

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2887.00

Payroll Proceed

17325.00

Mortgage Interest Proceed

0.00

Rent Proceed

2888.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23284.80

Forgiveness Date

02/02/2021

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