PPP Loan information for Maynard motors inc

$86,600

Maynard motors inc was initially approved for PPP Loan of amount $86,600, the current approved amount is $86,600. The loan was approved on 04/11/2020 by The Digital FCU reported 6 jobs and $86,600 was used to fund payroll.

Maynard motors inc is Existing or more than 2 years old

MAYNARD MOTORS INC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAYNARD MOTORS INC

Borrower Address

145 Great Road

Borrower City

MAYNARD

Borrower State

MA

Borrower Zip

01754-2007

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86600.00

Current Approval Amount

86600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109589

Servicing Lender Name

Digital FCU

Servicing Lender Address

220 Donald Lynch Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-4708

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAYNARD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01754-2007

CD

MA-05

Jobs Reported

6

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86600.00

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

Subchapter S Corporation

Originating Lender Location Id

109589

Originating Lender

Digital FCU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87316.86

Forgiveness Date

02/16/2021

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