PPP Loan information for Scott motors inc

$531,443

Scott motors inc was initially approved for PPP Loan of amount $531,443, the current approved amount is $531,443. The loan was approved on 01/29/2021 by The HarborOne Bank reported 47 jobs and $531,443 was used to fund payroll.

Scott motors inc is Existing or more than 2 years old

PPP Loan Search / RI / East Providence / Scott motors inc

SCOTT MOTORS INC

Date Approved

01/29/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SCOTT MOTORS INC

Borrower Address

777 Taunton Ave

Borrower City

East Providence

Borrower State

RI

Borrower Zip

02914-1614

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

531442.50

Current Approval Amount

531442.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98258

Servicing Lender Name

HarborOne Bank

Servicing Lender Address

770 Oak St

Servicing Lender City

BROCKTON

Servicing Lender State

MA

Servicing Lender Zip

02301-1100

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02914-1614

CD

RI-01

Jobs Reported

47

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

531440.50

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

98258

Originating Lender

HarborOne Bank

Originating Lender City

BROCKTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

536960.77

Forgiveness Date

02/22/2022

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