PPP Loan information for Center automotive inc

$131,250

Center automotive inc was initially approved for PPP Loan of amount $131,250, the current approved amount is $131,250. The loan was approved on 02/17/2021 by The Needham Bank reported 10 jobs and $131,250 was used to fund payroll.

Center automotive inc is Existing or more than 2 years old

CENTER AUTOMOTIVE INC

Date Approved

02/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CENTER AUTOMOTIVE INC

Borrower Address

444 Hillside Ave

Borrower City

Needham

Borrower State

MA

Borrower Zip

02494-1208

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131250.00

Current Approval Amount

131250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Needham

Project County Name

NORFOLK

Project State

MA

Project Zip

02494-1208

CD

MA-04

Jobs Reported

10

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

131246.00

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

Subchapter S Corporation

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131647.40

Forgiveness Date

06/15/2021

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