PPP Loan information for Motor service inc.

$56,600

Motor service inc. was initially approved for PPP Loan of amount $56,600, the current approved amount is $56,600. The loan was approved on 04/28/2020 by The Webster Five Cents Savings Bank reported 3 jobs and $56,600 was used to fund payroll.

Motor service inc. is Existing or more than 2 years old

PPP Loan Search / MA / AUBURN / Motor service inc.

MOTOR SERVICE INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MOTOR SERVICE INC.

Borrower Address

250 WASHINGTON ST

Borrower City

AUBURN

Borrower State

MA

Borrower Zip

01501-3225

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56600.00

Current Approval Amount

56600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

WORCESTER

Project State

MA

Project Zip

01501-3225

CD

MA-02

Jobs Reported

3

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56600.00

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56894.01

Forgiveness Date

11/12/2020

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