PPP Loan information for Preferred auto body inc.

$124,800

Preferred auto body inc. was initially approved for PPP Loan of amount $124,800, the current approved amount is $124,800. The loan was approved on 04/08/2020 by The Cape Ann Savings Bank reported 7 jobs and $124,800 was used to fund payroll.

Preferred auto body inc. is Existing or more than 2 years old

PPP Loan Search / MA / GLOUCESTER / Preferred auto body inc.

PREFERRED AUTO BODY INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PREFERRED AUTO BODY INC.

Borrower Address

7 Pond Rd

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-1806

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124800.00

Current Approval Amount

124800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-1806

CD

MA-06

Jobs Reported

7

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124800.00

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

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125552.27

Forgiveness Date

11/27/2020

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