PPP Loan information for Grace qualityused cars inc

$43,023

Grace qualityused cars inc was initially approved for PPP Loan of amount $43,023, the current approved amount is $43,023. The loan was approved on 01/29/2021 by The Bay State Savings Bank reported 7 jobs and $43,023 was used to fund payroll.

Grace qualityused cars inc is Existing or more than 2 years old

PPP Loan Search / MA / Phillipston / Grace qualityused cars inc

GRACE QUALITYUSED CARS INC

Date Approved

01/29/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

GRACE QUALITYUSED CARS INC

Borrower Address

320 State Rd

Borrower City

Phillipston

Borrower State

MA

Borrower Zip

01331-9727

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43022.50

Current Approval Amount

43022.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Phillipston

Project County Name

WORCESTER

Project State

MA

Project Zip

01331-9727

CD

MA-02

Jobs Reported

7

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

43016.50

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43241.20

Forgiveness Date

08/11/2021

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