PPP Loan information for The best transmissions inc

$100,200

The best transmissions inc was initially approved for PPP Loan of amount $100,200, the current approved amount is $100,200. The loan was approved on 01/27/2021 by The New Valley Bank & Trust reported 7 jobs and $100,200 was used to fund payroll.

The best transmissions inc is Existing or more than 2 years old

THE BEST TRANSMISSIONS INC

Date Approved

01/27/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

THE BEST TRANSMISSIONS INC

Borrower Address

566 Berkshire Ave

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01109-1007

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100199.50

Current Approval Amount

100199.50

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

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01109-1007

CD

MA-01

Jobs Reported

7

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100199.50

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100883.05

Forgiveness Date

10/06/2021

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