PPP Loan information for Powertrain professionals inc

$76,500

Powertrain professionals inc was initially approved for PPP Loan of amount $76,500, the current approved amount is $76,500. The loan was approved on 04/15/2020 by The Salem Five Cents Savings Bank reported 7 jobs and $76,500 was used to fund payroll.

Powertrain professionals inc is Existing or more than 2 years old

PPP Loan Search / MA / WILMINGTON / Powertrain professionals inc

POWERTRAIN PROFESSIONALS INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

POWERTRAIN PROFESSIONALS INC

Borrower Address

520 MAIN ST STE 2

Borrower City

WILMINGTON

Borrower State

MA

Borrower Zip

01887-3244

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76500.00

Current Approval Amount

76500.00

Undisbursed Amount

0.00

Franchise Name

AAMCO Transmissions

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-3244

CD

MA-06

Jobs Reported

7

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76500.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77169.38

Forgiveness Date

03/08/2021

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