PPP Loan information for Express towing and auto inc

$398,500

Express towing and auto inc was initially approved for PPP Loan of amount $398,000, the current approved amount is $398,500. The loan was approved on 04/27/2020 by The South Shore Bank reported 50 jobs and $398,500 was used to fund payroll.

Express towing and auto inc is Existing or more than 2 years old

EXPRESS TOWING AND AUTO INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EXPRESS TOWING AND AUTO INC

Borrower Address

1269 WASHINGTON ST

Borrower City

EAST WEYMOUTH

Borrower State

MA

Borrower Zip

02189-2316

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398000.00

Current Approval Amount

398500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02189-2316

CD

MA-08

Jobs Reported

50

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

398500.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

401333.78

Forgiveness Date

01/11/2021

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