PPP Loan information for Master mechanics automotive corp.

$51,000

Master mechanics automotive corp. was initially approved for PPP Loan of amount $51,000, the current approved amount is $51,000. The loan was approved on 04/14/2020 by The Middlesex Savings Bank reported 4 jobs and $51,000 was used to fund payroll.

Master mechanics automotive corp. is Existing or more than 2 years old

MASTER MECHANICS AUTOMOTIVE CORP.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MASTER MECHANICS AUTOMOTIVE CORP.

Borrower Address

10 SOUTH AVE

Borrower City

NATICK

Borrower State

MA

Borrower Zip

01760-4623

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51000.00

Current Approval Amount

51000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NATICK

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-4623

CD

MA-05

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41000.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51286.17

Forgiveness Date

11/05/2020

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