PPP Loan information for Cimino automotive, inc.

$186,250

Cimino automotive, inc. was initially approved for PPP Loan of amount $186,250, the current approved amount is $186,250. The loan was approved on 01/22/2021 by The Reading Co-Operative Bank reported 19 jobs and $186,250 was used to fund payroll.

Cimino automotive, inc. is Existing or more than 2 years old

CIMINO AUTOMOTIVE, INC.

Date Approved

01/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CIMINO AUTOMOTIVE, INC.

Borrower Address

580 Main St

Borrower City

Wilmington

Borrower State

MA

Borrower Zip

01887-3224

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

186250.00

Current Approval Amount

186250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-3224

CD

MA-06

Jobs Reported

19

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

186249.00

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

187667.57

Forgiveness Date

11/05/2021

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