PPP Loan information for Balise motor sales company

$4,645,717

Balise motor sales company was initially approved for PPP Loan of amount $4,695,000, the current approved amount is $4,645,717. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 298 jobs and $4,645,717 was used to fund payroll.

Balise motor sales company is Existing or more than 2 years old

BALISE MOTOR SALES COMPANY

Date Approved

04/09/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

BALISE MOTOR SALES COMPANY

Borrower Address

122 DOTY CIR

Borrower City

WEST SPRINGFIELD

Borrower State

MA

Borrower Zip

01089-1310

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4695000.00

Current Approval Amount

4645717.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-1310

CD

MA-01

Jobs Reported

298

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4645717.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4708466.00

Forgiveness Date

09/10/2021

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