PPP Loan information for New england automax inc

$1,121,000

New england automax inc was initially approved for PPP Loan of amount $1,121,000, the current approved amount is $1,121,000. The loan was approved on 04/07/2020 by The Berkshire Bank reported 74 jobs and $1,121,000 was used to fund payroll.

New england automax inc is Existing or more than 2 years old

PPP Loan Search / MA / FRAMINGHAM / New england automax inc

NEW ENGLAND AUTOMAX INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND AUTOMAX INC

Borrower Address

1199 Worcester Road

Borrower City

FRAMINGHAM

Borrower State

MA

Borrower Zip

01701-5214

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1121000.00

Current Approval Amount

1121000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRAMINGHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01701-5214

CD

MA-05

Jobs Reported

74

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

448400.00

Mortgage Interest Proceed

0.00

Rent Proceed

672600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1118061.70

Forgiveness Date

12/09/2020

;