PPP Loan information for Roses automotive

$171,680

Roses automotive was initially approved for PPP Loan of amount $171,680, the current approved amount is $171,680. The loan was approved on 04/29/2020 by The Middlesex Savings Bank reported 11 jobs and $171,680 was used to fund payroll.

Roses automotive is Existing or more than 2 years old

ROSES AUTOMOTIVE

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ROSES AUTOMOTIVE

Borrower Address

26 N MAIN ST

Borrower City

SHERBORN

Borrower State

MA

Borrower Zip

01770-1516

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171680.00

Current Approval Amount

171680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHERBORN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01770-1516

CD

MA-04

Jobs Reported

11

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7680.00

Payroll Proceed

156000.00

Mortgage Interest Proceed

8000.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173015.29

Forgiveness Date

02/09/2021

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