PPP Loan information for Island street automotive inc

$78,386

Island street automotive inc was initially approved for PPP Loan of amount $84,289, the current approved amount is $78,386. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $78,386 was used to fund payroll.

Island street automotive inc is New Business or 2 years or less

PPP Loan Search / MA / STOUGHTON / Island street automotive inc

ISLAND STREET AUTOMOTIVE INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ISLAND STREET AUTOMOTIVE INC

Borrower Address

203 ISLAND ST

Borrower City

STOUGHTON

Borrower State

MA

Borrower Zip

02072-1401

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84289.00

Current Approval Amount

78386.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STOUGHTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02072-1401

CD

MA-08

Jobs Reported

7

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78386.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71820.18

Forgiveness Date

12/17/2020

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