PPP Loan information for Priority motor group inc.

$537,280

Priority motor group inc. was initially approved for PPP Loan of amount $537,280, the current approved amount is $537,280. The loan was approved on 03/23/2021 by The Eastern Bank reported 29 jobs and $537,280 was used to fund payroll.

Priority motor group inc. is Existing or more than 2 years old

PPP Loan Search / MA / Salisbury / Priority motor group inc.

PRIORITY MOTOR GROUP INC.

Date Approved

03/23/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PRIORITY MOTOR GROUP INC.

Borrower Address

158 Elm St

Borrower City

Salisbury

Borrower State

MA

Borrower Zip

01952-1805

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

537280.00

Current Approval Amount

537280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ESSEX

Project State

MA

Project Zip

01952-1805

CD

MA-06

Jobs Reported

29

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

537275.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

542205.07

Forgiveness Date

02/22/2022

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