PPP Loan information for North end motors inc

$569,460

North end motors inc was initially approved for PPP Loan of amount $569,460, the current approved amount is $569,460. The loan was approved on 04/14/2020 by The Eastern Bank reported 43 jobs and $569,460 was used to fund payroll.

North end motors inc is Existing or more than 2 years old

NORTH END MOTORS INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NORTH END MOTORS INC

Borrower Address

390 Turnpike Street

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-2703

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

569460.00

Current Approval Amount

569460.00

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

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-2703

CD

MA-08

Jobs Reported

43

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

569460.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

574537.69

Forgiveness Date

03/05/2021

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