PPP Loan information for Preferred auto body inc.
$124,800
Preferred auto body inc. was initially approved for PPP Loan of amount $124,800, the current approved amount is $124,800. The loan was approved on 04/08/2020 by The Cape Ann Savings Bank reported 7 jobs and $124,800 was used to fund payroll.
Preferred auto body inc. is Existing or more than 2 years old
PREFERRED AUTO BODY INC.
Date Approved
04/08/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
PREFERRED AUTO BODY INC.
Borrower Address
7 Pond Rd
Borrower City
GLOUCESTER
Borrower State
MA
Borrower Zip
01930-1806
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
124800.00
Current Approval Amount
124800.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
32738
Servicing Lender Name
Cape Ann Savings Bank
Servicing Lender Address
109 Main St
Servicing Lender City
GLOUCESTER
Servicing Lender State
MA
Servicing Lender Zip
01930-5701
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
GLOUCESTER
Project County Name
ESSEX
Project State
MA
Project Zip
01930-1806
CD
MA-06
Jobs Reported
7
NAICS Code
811121
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
124800.00
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
32738
Originating Lender
Cape Ann Savings Bank
Originating Lender City
GLOUCESTER
Originating Lender State
MA
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
125552.27
Forgiveness Date
11/27/2020