PPP Loan information for Cavan motors inc

$61,007

Cavan motors inc was initially approved for PPP Loan of amount $61,007, the current approved amount is $61,007. The loan was approved on 02/04/2021 by The Abington Bank reported 4 jobs and $61,007 was used to fund payroll.

Cavan motors inc is Existing or more than 2 years old

CAVAN MOTORS INC

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CAVAN MOTORS INC

Borrower Address

1228 Park St

Borrower City

Stoughton

Borrower State

MA

Borrower Zip

02072-3763

Loan Status Date

12/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61007.00

Current Approval Amount

61007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89069

Servicing Lender Name

Abington Bank

Servicing Lender Address

6 Harrison Ave

Servicing Lender City

ABINGTON

Servicing Lender State

MA

Servicing Lender Zip

02351-1877

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stoughton

Project County Name

NORFOLK

Project State

MA

Project Zip

02072-3763

CD

MA-08

Jobs Reported

4

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

61004.00

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

89069

Originating Lender

Abington Bank

Originating Lender City

ABINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61428.20

Forgiveness Date

10/25/2021

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