PPP Loan information for U.s. auto group of massachusetts limited

$659,863

U.s. auto group of massachusetts limited was initially approved for PPP Loan of amount $659,863, the current approved amount is $659,863. The loan was approved on 04/13/2020 by The Bank of Ann Arbor reported 52 jobs and $659,863 was used to fund payroll.

U.s. auto group of massachusetts limited is Existing or more than 2 years old

U.S. AUTO GROUP OF MASSACHUSETTS LIMITED

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

U.S. AUTO GROUP OF MASSACHUSETTS LIMITED

Borrower Address

43 N BEACON ST

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-2610

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

659863.00

Current Approval Amount

659863.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2610

CD

MA-05

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

659863.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

665051.51

Forgiveness Date

02/03/2021

;