PPP Loan information for North reading auto inc

$248,000

North reading auto inc was initially approved for PPP Loan of amount $248,000, the current approved amount is $248,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 17 jobs and $248,000 was used to fund payroll.

North reading auto inc is New Business or 2 years or less

PPP Loan Search / MA / NORTH READING / North reading auto inc

NORTH READING AUTO INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NORTH READING AUTO INC

Borrower Address

112 HAVERHILL ST

Borrower City

NORTH READING

Borrower State

MA

Borrower Zip

01864-2551

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248000.00

Current Approval Amount

248000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH READING

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01864-2551

CD

MA-06

Jobs Reported

17

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

248000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

250255.78

Forgiveness Date

04/02/2021

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