PPP Loan information for Merchant's tire alignment inc

$37,565

Merchant's tire alignment inc was initially approved for PPP Loan of amount $37,565, the current approved amount is $37,565. The loan was approved on 03/20/2021 by The Cornerstone Bank reported 4 jobs and $37,565 was used to fund payroll.

Merchant's tire alignment inc is Existing or more than 2 years old

MERCHANT'S TIRE ALIGNMENT INC

Date Approved

03/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MERCHANT'S TIRE ALIGNMENT INC

Borrower Address

94 Reservoir St

Borrower City

Holden

Borrower State

MA

Borrower Zip

01520-1225

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37565.00

Current Approval Amount

37565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holden

Project County Name

WORCESTER

Project State

MA

Project Zip

01520-1225

CD

MA-02

Jobs Reported

4

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37564.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37897.87

Forgiveness Date

02/07/2022

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