PPP Loan information for Sarat ford sales inc

$1,422,227

Sarat ford sales inc was initially approved for PPP Loan of amount $1,422,227, the current approved amount is $1,422,227. The loan was approved on 04/08/2020 by The Westfield Bank reported 117 jobs and $1,422,227 was used to fund payroll.

Sarat ford sales inc is Existing or more than 2 years old

PPP Loan Search / MA / AGAWAM / Sarat ford sales inc

SARAT FORD SALES INC

Date Approved

04/08/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

SARAT FORD SALES INC

Borrower Address

245 SPRINGFIELD ST

Borrower City

AGAWAM

Borrower State

MA

Borrower Zip

01001-1507

Loan Status Date

12/22/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1422227.00

Current Approval Amount

1422227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AGAWAM

Project County Name

HAMPDEN

Project State

MA

Project Zip

01001-1507

CD

MA-01

Jobs Reported

117

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1422227.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1430365.30

Forgiveness Date

11/12/2020

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