PPP Loan information for Springfield muffler company inc

$84,000

Springfield muffler company inc was initially approved for PPP Loan of amount $84,000, the current approved amount is $84,000. The loan was approved on 04/07/2020 by The New Valley Bank & Trust reported 13 jobs and $84,000 was used to fund payroll.

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

SPRINGFIELD MUFFLER COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

SPRINGFIELD MUFFLER COMPANY INC

Borrower Address

865 MEMORIAL AVE

Borrower City

WEST SPRINGFIELD

Borrower State

MA

Borrower Zip

01089-3512

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84000.00

Current Approval Amount

84000.00

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

01089-3512

CD

MA-01

Jobs Reported

13

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

75000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

84840.00

Forgiveness Date

07/26/2021

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