PPP Loan information for Michael's auto body

$85,710

Michael's auto body was initially approved for PPP Loan of amount $85,710, the current approved amount is $85,710. The loan was approved on 02/17/2021 by The North Shore Bank, a Co-operative Bank reported 6 jobs and $85,710 was used to fund payroll.

Michael's auto body is Existing or more than 2 years old

PPP Loan Search / MA / Beverly / Michael's auto body

MICHAEL'S AUTO BODY

Date Approved

02/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MICHAEL'S AUTO BODY

Borrower Address

2 School St

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915-4825

Loan Status Date

07/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85710.00

Current Approval Amount

85710.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beverly

Project County Name

ESSEX

Project State

MA

Project Zip

01915-4825

CD

MA-06

Jobs Reported

6

NAICS Code

488999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85706.00

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

Subchapter S Corporation

Originating Lender Location Id

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86840.90

Forgiveness Date

06/09/2022

;