PPP Loan information for Jack madden ford sales inc

$926,410

Jack madden ford sales inc was initially approved for PPP Loan of amount $1,187,500, the current approved amount is $926,410. The loan was approved on 04/06/2020 by The Eastern Bank reported 98 jobs and $926,410 was used to fund payroll.

Jack madden ford sales inc is Existing or more than 2 years old

JACK MADDEN FORD SALES INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JACK MADDEN FORD SALES INC

Borrower Address

825 Providence Hwy

Borrower City

NORWOOD

Borrower State

MA

Borrower Zip

02062-4710

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1187500.00

Current Approval Amount

926410.00

Undisbursed Amount

0.00

Franchise Name

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

NORWOOD

Project County Name

NORFOLK

Project State

MA

Project Zip

02062-4710

CD

MA-08

Jobs Reported

98

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

926410.00

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

Non-Veteran

Non Profit

Forgiveness Amount

935365.30

Forgiveness Date

03/31/2021

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