PPP Loan information for South boston auto tech inc

$16,250

South boston auto tech inc was initially approved for PPP Loan of amount $16,250, the current approved amount is $16,250. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $16,250 was used to fund payroll.

South boston auto tech inc is New Business or 2 years or less

SOUTH BOSTON AUTO TECH INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOUTH BOSTON AUTO TECH INC

Borrower Address

6 DEVINE WAY

Borrower City

SOUTH BOSTON

Borrower State

MA

Borrower Zip

02127-3508

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16250.00

Current Approval Amount

16250.00

Undisbursed Amount

0.00

Franchise Name

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

New Business or 2 years or less

Project City

SOUTH BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02127-3508

CD

MA-08

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16250.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16389.35

Forgiveness Date

03/11/2021

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