PPP Loan information for Metro motors of chicopee inc

$719,890

Metro motors of chicopee inc was initially approved for PPP Loan of amount $719,890, the current approved amount is $719,890. The loan was approved on 03/12/2021 by The TD Bank, National Association reported 52 jobs and $719,890 was used to fund payroll.

Metro motors of chicopee inc is Existing or more than 2 years old

METRO MOTORS OF CHICOPEE INC

Date Approved

03/12/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

METRO MOTORS OF CHICOPEE INC

Borrower Address

650C Memorial Dr

Borrower City

Chicopee

Borrower State

MA

Borrower Zip

01020-5019

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

719890.00

Current Approval Amount

719890.00

Undisbursed Amount

0.00

Franchise Name

Fiat Dealer Agreement

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicopee

Project County Name

HAMPDEN

Project State

MA

Project Zip

01020-5019

CD

MA-01

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

719889.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

724749.26

Forgiveness Date

11/17/2021

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