PPP Loan information for Kelly automotive group inc

$6,410,840

Kelly automotive group inc was initially approved for PPP Loan of amount $6,410,840, the current approved amount is $6,410,840. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 444 jobs and $6,410,840 was used to fund payroll.

Kelly automotive group inc is New Business or 2 years or less

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

KELLY AUTOMOTIVE GROUP INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

KELLY AUTOMOTIVE GROUP INC

Borrower Address

155 Andover St

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6410840.00

Current Approval Amount

6410840.00

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

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-0001

CD

MA-06

Jobs Reported

444

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6410840.00

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

6522019.77

Forgiveness Date

02/02/2022

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