PPP Loan information for Silko motor sales inc

$957,340

Silko motor sales inc was initially approved for PPP Loan of amount $957,340, the current approved amount is $957,340. The loan was approved on 01/23/2021 by The Eastern Bank reported 55 jobs and $957,340 was used to fund payroll.

Silko motor sales inc is Existing or more than 2 years old

PPP Loan Search / MA / RAYNHAM / Silko motor sales inc

SILKO MOTOR SALES INC

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SILKO MOTOR SALES INC

Borrower Address

1580 NEW STATE HWY RT 44

Borrower City

RAYNHAM

Borrower State

MA

Borrower Zip

02767

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

957340.00

Current Approval Amount

957340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAYNHAM

Project County Name

BRISTOL

Project State

MA

Project Zip

02767

CD

MA-04

Jobs Reported

55

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

957336.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

942807.37

Forgiveness Date

05/26/2022

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