PPP Loan information for Marcotte ford sales inc.

$1,312,365

Marcotte ford sales inc. was initially approved for PPP Loan of amount $1,312,365, the current approved amount is $1,312,365. The loan was approved on 04/05/2021 by The Westfield Bank reported 109 jobs and $1,312,365 was used to fund payroll.

Marcotte ford sales inc. is Existing or more than 2 years old

MARCOTTE FORD SALES INC.

Date Approved

04/05/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

MARCOTTE FORD SALES INC.

Borrower Address

1025 Main St

Borrower City

Holyoke

Borrower State

MA

Borrower Zip

01040-5343

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1312365.00

Current Approval Amount

1312365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Holyoke

Project County Name

HAMPDEN

Project State

MA

Project Zip

01040-5343

CD

MA-01

Jobs Reported

109

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1312361.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1321296.37

Forgiveness Date

12/09/2021

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