PPP Loan information for Kelly automotive group inc

$1,380,343

Kelly automotive group inc was initially approved for PPP Loan of amount $1,380,343, the current approved amount is $1,380,343. The loan was approved on 03/15/2021 by The Bank of America, National Association reported 38 jobs and $1,380,343 was used to fund payroll.

Kelly automotive group inc is Existing or more than 2 years old

PPP Loan Search / MA / Danvers / Kelly automotive group inc

KELLY AUTOMOTIVE GROUP INC

Date Approved

03/15/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

KELLY AUTOMOTIVE GROUP INC

Borrower Address

155 Andover St

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-1418

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1380343.00

Current Approval Amount

1380343.00

Undisbursed Amount

0.00

Franchise Name

Infiniti Dealer Sales and Service Agreement

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

Existing or more than 2 years old

Project City

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1418

CD

MA-06

Jobs Reported

38

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1380343.00

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

1394902.78

Forgiveness Date

04/07/2022

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