PPP Loan information for Preowned auto logistics, inc

$312,085

Preowned auto logistics, inc was initially approved for PPP Loan of amount $312,085, the current approved amount is $312,085. The loan was approved on 01/25/2021 by The Northern Bank and Trust Company reported 29 jobs and $312,085 was used to fund payroll.

Preowned auto logistics, inc is Existing or more than 2 years old

PPP Loan Search / MA / Danvers / Preowned auto logistics, inc

PREOWNED AUTO LOGISTICS, INC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PREOWNED AUTO LOGISTICS, INC

Borrower Address

153 Andover St Ste 111

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-1477

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

312085.00

Current Approval Amount

312085.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1477

CD

MA-06

Jobs Reported

29

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

312083.00

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

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

314494.99

Forgiveness Date

11/10/2021

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