PPP Loan information for Route 3a motors, inc

$226,300

Route 3a motors, inc was initially approved for PPP Loan of amount $226,300, the current approved amount is $226,300. The loan was approved on 04/05/2020 by The Enterprise Bank and Trust Company reported 20 jobs and $226,300 was used to fund payroll.

Route 3a motors, inc is Existing or more than 2 years old

ROUTE 3A MOTORS, INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ROUTE 3A MOTORS, INC

Borrower Address

170 TYNGSBORO ROAD

Borrower City

NORTH CHELMSFORD

Borrower State

MA

Borrower Zip

01863-1142

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226300.00

Current Approval Amount

226300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHELMSFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01863-1142

CD

MA-03

Jobs Reported

20

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10400.00

Payroll Proceed

155100.00

Mortgage Interest Proceed

0.00

Rent Proceed

19800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19000.00

Debt Interest Proceed

22000

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227871.53

Forgiveness Date

12/22/2020

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