PPP Loan information for Volsar automotive inc

$108,600

Volsar automotive inc was initially approved for PPP Loan of amount $108,600, the current approved amount is $108,600. The loan was approved on 04/15/2020 by The Eastern Bank reported 10 jobs and $108,600 was used to fund payroll.

Volsar automotive inc is Existing or more than 2 years old

PPP Loan Search / MA / MEDFORD / Volsar automotive inc

VOLSAR AUTOMOTIVE INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VOLSAR AUTOMOTIVE INC

Borrower Address

16 MYSTIC AVE

Borrower City

MEDFORD

Borrower State

MA

Borrower Zip

02155-4621

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108600.00

Current Approval Amount

108600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-4621

CD

MA-05

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108600.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110467.32

Forgiveness Date

01/04/2022

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