PPP Loan information for Burlington motor sports inc

$1,627,783

Burlington motor sports inc was initially approved for PPP Loan of amount $1,627,783, the current approved amount is $1,627,783. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 92 jobs and $1,627,783 was used to fund payroll.

Burlington motor sports inc is New Business or 2 years or less

PPP Loan Search / MA / BURLINGTON / Burlington motor sports inc

BURLINGTON MOTOR SPORTS INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BURLINGTON MOTOR SPORTS INC

Borrower Address

80 CAMBRIDGE ST

Borrower City

BURLINGTON

Borrower State

MA

Borrower Zip

01803

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1627783.00

Current Approval Amount

1627783.00

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

N

Business Age Description

New Business or 2 years or less

Project City

BURLINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-0001

CD

MA-06

Jobs Reported

92

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1627783.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1649947.61

Forgiveness Date

09/16/2021

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