PPP Loan information for Foreign auto import, inc.

$1,378,500

Foreign auto import, inc. was initially approved for PPP Loan of amount $1,378,500, the current approved amount is $1,378,500. The loan was approved on 04/09/2020 by The Eastern Bank reported 98 jobs and $1,378,500 was used to fund payroll.

Foreign auto import, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WATERTOWN / Foreign auto import, inc.

FOREIGN AUTO IMPORT, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FOREIGN AUTO IMPORT, INC.

Borrower Address

149 ARSENAL ST

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-2716

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1378500.00

Current Approval Amount

1378500.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2716

CD

MA-05

Jobs Reported

98

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1378500.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1390025.79

Forgiveness Date

02/16/2021

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