PPP Loan information for Priority automotive llc

$653,542

Priority automotive llc was initially approved for PPP Loan of amount $653,542, the current approved amount is $653,542. The loan was approved on 03/31/2021 by The Bank of America, National Association reported 38 jobs and $653,542 was used to fund payroll.

Priority automotive llc is Existing or more than 2 years old

PRIORITY AUTOMOTIVE LLC

Date Approved

03/31/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PRIORITY AUTOMOTIVE LLC

Borrower Address

71 Washington St

Borrower City

South Attleboro

Borrower State

MA

Borrower Zip

02703-5530

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

653542.00

Current Approval Amount

653542.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

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

Existing or more than 2 years old

Project City

South Attleboro

Project County Name

BRISTOL

Project State

MA

Project Zip

02703-5530

CD

MA-04

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

653539.00

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

Limited Liability Company(LLC)

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

660220.66

Forgiveness Date

04/14/2022

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