PPP Loan information for Acton lincoln mercury

$897,600

Acton lincoln mercury was initially approved for PPP Loan of amount $897,600, the current approved amount is $897,600. The loan was approved on 04/08/2020 by The Enterprise Bank and Trust Company reported 54 jobs and $897,600 was used to fund payroll.

Acton lincoln mercury is Existing or more than 2 years old

ACTON LINCOLN MERCURY

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ACTON LINCOLN MERCURY

Borrower Address

196 GREAT RD

Borrower City

ACTON

Borrower State

MA

Borrower Zip

01720-5758

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

897600.00

Current Approval Amount

897600.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ACTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01720-5758

CD

MA-03

Jobs Reported

54

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13600.00

Payroll Proceed

747200.00

Mortgage Interest Proceed

0.00

Rent Proceed

96300.00

Refinance EIDL Proceed

40500.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

905553.73

Forgiveness Date

03/03/2021

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