PPP Loan information for Melkonian subaru inc

$501,017

Melkonian subaru inc was initially approved for PPP Loan of amount $501,017, the current approved amount is $501,017. The loan was approved on 04/07/2020 by The Eastern Bank reported 33 jobs and $501,017 was used to fund payroll.

Melkonian subaru inc is Existing or more than 2 years old

MELKONIAN SUBARU INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MELKONIAN SUBARU INC

Borrower Address

260 MAIN ST

Borrower City

NORTH READING

Borrower State

MA

Borrower Zip

01864-1339

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501017.00

Current Approval Amount

501017.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH READING

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01864-1339

CD

MA-06

Jobs Reported

33

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

501017.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

504621.54

Forgiveness Date

12/31/2020

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