PPP Loan information for Automotive supply associates inc

$4,854,000

Automotive supply associates inc was initially approved for PPP Loan of amount $4,854,000, the current approved amount is $4,854,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 498 jobs and $4,854,000 was used to fund payroll.

Automotive supply associates inc is New Business or 2 years or less

PPP Loan Search / NH / Concord / Automotive supply associates inc

AUTOMOTIVE SUPPLY ASSOCIATES INC

Date Approved

05/01/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

AUTOMOTIVE SUPPLY ASSOCIATES INC

Borrower Address

129 Manchester St

Borrower City

Concord

Borrower State

NH

Borrower Zip

03301

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4854000.00

Current Approval Amount

4854000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Concord

Project County Name

MERRIMACK

Project State

NH

Project Zip

03301-0001

CD

NH-02

Jobs Reported

498

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4854000.00

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

Partnership

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4909322.30

Forgiveness Date

06/25/2021

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