PPP Loan information for Chelmsford auto electric inc.

$70,205

Chelmsford auto electric inc. was initially approved for PPP Loan of amount $70,205, the current approved amount is $70,205. The loan was approved on 03/01/2021 by The Enterprise Bank and Trust Company reported 8 jobs and $70,205 was used to fund payroll.

Chelmsford auto electric inc. is Existing or more than 2 years old

CHELMSFORD AUTO ELECTRIC INC.

Date Approved

03/01/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CHELMSFORD AUTO ELECTRIC INC.

Borrower Address

141 Middlesex Rd

Borrower City

Tyngsboro

Borrower State

MA

Borrower Zip

01879-2724

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70205.00

Current Approval Amount

70205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tyngsboro

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01879-2724

CD

MA-03

Jobs Reported

8

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70199.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70657.43

Forgiveness Date

10/25/2021

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