PPP Loan information for Springfield muffler company inc.

$95,783

Springfield muffler company inc. was initially approved for PPP Loan of amount $95,783, the current approved amount is $95,783. The loan was approved on 01/23/2021 by The New Valley Bank & Trust reported 13 jobs and $95,783 was used to fund payroll.

Springfield muffler company inc. is Existing or more than 2 years old

SPRINGFIELD MUFFLER COMPANY INC.

Date Approved

01/23/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

SPRINGFIELD MUFFLER COMPANY INC.

Borrower Address

865 Memorial Ave

Borrower City

West Springfield

Borrower State

MA

Borrower Zip

01089-3533

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95783.12

Current Approval Amount

95783.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-3533

CD

MA-01

Jobs Reported

13

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95783.12

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96756.70

Forgiveness Date

02/07/2022

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