PPP Loan information for Central motors inc of norwood

$1,437,270

Central motors inc of norwood was initially approved for PPP Loan of amount $1,437,270, the current approved amount is $1,437,270. The loan was approved on 04/27/2020 by The Santander Bank, National Association reported 94 jobs and $1,437,270 was used to fund payroll.

Central motors inc of norwood is Existing or more than 2 years old

PPP Loan Search / MA / Norwood / Central motors inc of norwood

CENTRAL MOTORS INC OF NORWOOD

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CENTRAL MOTORS INC OF NORWOOD

Borrower Address

56 Boston Providence Tpke

Borrower City

Norwood

Borrower State

MA

Borrower Zip

02062

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1437270.00

Current Approval Amount

1437270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwood

Project County Name

NORFOLK

Project State

MA

Project Zip

02062-0001

CD

MA-08

Jobs Reported

94

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1437270.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1449949.48

Forgiveness Date

03/23/2021

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