PPP Loan information for Nationwide auto recycling inc

$397,800

Nationwide auto recycling inc was initially approved for PPP Loan of amount $397,800, the current approved amount is $397,800. The loan was approved on 04/12/2020 by The Avidia Bank reported 27 jobs and $397,800 was used to fund payroll.

Nationwide auto recycling inc is Existing or more than 2 years old

PPP Loan Search / MA / LANCASTER / Nationwide auto recycling inc

NATIONWIDE AUTO RECYCLING INC

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NATIONWIDE AUTO RECYCLING INC

Borrower Address

1340 Lunenburg Road

Borrower City

LANCASTER

Borrower State

MA

Borrower Zip

01523-2719

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397800.00

Current Approval Amount

397800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01523-2719

CD

MA-03

Jobs Reported

27

NAICS Code

423140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

397800.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

358895.60

Forgiveness Date

12/16/2021

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