PPP Loan information for Westboro motors inc

$1,505,085

Westboro motors inc was initially approved for PPP Loan of amount $1,505,085, the current approved amount is $1,505,085. The loan was approved on 04/15/2020 by The Toyota Financial Savings Bank reported 122 jobs and $1,505,085 was used to fund payroll.

Westboro motors inc is Existing or more than 2 years old

WESTBORO MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WESTBORO MOTORS INC

Borrower Address

271 Turnpike Rd

Borrower City

WESTBOROUGH

Borrower State

MA

Borrower Zip

01581

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1505085.42

Current Approval Amount

1505085.42

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

387964

Servicing Lender Name

Toyota Financial Savings Bank

Servicing Lender Address

2485 Village View Dr, Ste 200

Servicing Lender City

HENDERSON

Servicing Lender State

NV

Servicing Lender Zip

89074-7133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-0001

CD

MA-02

Jobs Reported

122

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1505085.42

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

387964

Originating Lender

Toyota Financial Savings Bank

Originating Lender City

HENDERSON

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1516373.56

Forgiveness Date

01/20/2021

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