PPP Loan information for Sudbay chevrolet-buick-cadillac-gmc, inc

$490,000

Sudbay chevrolet-buick-cadillac-gmc, inc was initially approved for PPP Loan of amount $490,000, the current approved amount is $490,000. The loan was approved on 04/03/2020 by The Cape Ann Savings Bank reported 37 jobs and $490,000 was used to fund payroll.

Sudbay chevrolet-buick-cadillac-gmc, inc is Existing or more than 2 years old

SUDBAY CHEVROLET-BUICK-CADILLAC-GMC, INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SUDBAY CHEVROLET-BUICK-CADILLAC-GMC, INC

Borrower Address

88 CAUSEWAY ST

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-2111

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490000.00

Current Approval Amount

490000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-2111

CD

MA-06

Jobs Reported

37

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

490000.00

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

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

494260.28

Forgiveness Date

02/23/2021

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