PPP Loan information for Md motors inc.

$33,100

Md motors inc. was initially approved for PPP Loan of amount $33,100, the current approved amount is $33,100. The loan was approved on 05/26/2020 by The Cornerstone Bank reported 4 jobs and $33,100 was used to fund payroll.

Md motors inc. is Unanswered

MD MOTORS INC.

Date Approved

05/26/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MD MOTORS INC.

Borrower Address

401 East MAIN ST

Borrower City

SOUTHBRIDGE

Borrower State

MA

Borrower Zip

01550-2940

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33100.00

Current Approval Amount

33100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SOUTHBRIDGE

Project County Name

WORCESTER

Project State

MA

Project Zip

01550-2940

CD

MA-01

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

33100.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33323.43

Forgiveness Date

01/26/2021

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