PPP Loan information for Jannell motors inc

$726,887

Jannell motors inc was initially approved for PPP Loan of amount $726,887, the current approved amount is $726,887. The loan was approved on 04/07/2020 by The Eastern Bank reported 56 jobs and $726,887 was used to fund payroll.

Jannell motors inc is Existing or more than 2 years old

JANNELL MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JANNELL MOTORS INC

Borrower Address

2000 WASHINGTON ST

Borrower City

HANOVER

Borrower State

MA

Borrower Zip

02339-1617

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

726887.00

Current Approval Amount

726887.00

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

HANOVER

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02339-1617

CD

MA-09

Jobs Reported

56

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

726887.00

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

733953.96

Forgiveness Date

03/31/2021

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