PPP Loan information for Preowned auto logistics, inc
$388,200
Preowned auto logistics, inc was initially approved for PPP Loan of amount $388,200, the current approved amount is $388,200. The loan was approved on 04/07/2020 by The Northern Bank and Trust Company reported 29 jobs and $388,200 was used to fund payroll.
Preowned auto logistics, inc is Existing or more than 2 years old
PREOWNED AUTO LOGISTICS, INC
Date Approved
04/07/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
PREOWNED AUTO LOGISTICS, INC
Borrower Address
153 Andover St, Suite 1
Borrower City
DANVERS
Borrower State
MA
Borrower Zip
01923-1418
Loan Status Date
06/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
388200.00
Current Approval Amount
388200.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33494
Servicing Lender Name
Northern Bank and Trust Company
Servicing Lender Address
275 Mishawum Rd, Ste 100
Servicing Lender City
WOBURN
Servicing Lender State
MA
Servicing Lender Zip
01801-8804
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
DANVERS
Project County Name
ESSEX
Project State
MA
Project Zip
01923-1418
CD
MA-06
Jobs Reported
29
NAICS Code
484230
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
388200.00
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
33494
Originating Lender
Northern Bank and Trust Company
Originating Lender City
WOBURN
Originating Lender State
MA
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
391715.37
Forgiveness Date
03/10/2021