PPP Loan information for Smith motor sales of haverhill, inc.

$646,500

Smith motor sales of haverhill, inc. was initially approved for PPP Loan of amount $646,500, the current approved amount is $646,500. The loan was approved on 04/07/2020 by The Pentucket Bank reported 39 jobs and $646,500 was used to fund payroll.

Smith motor sales of haverhill, inc. is Existing or more than 2 years old

SMITH MOTOR SALES OF HAVERHILL, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SMITH MOTOR SALES OF HAVERHILL, INC.

Borrower Address

420 RIVER ST

Borrower City

HAVERHILL

Borrower State

MA

Borrower Zip

01832-5159

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

646500.00

Current Approval Amount

646500.00

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car Dealer Agreement

Servicing Lender Location Id

32855

Servicing Lender Name

Pentucket Bank

Servicing Lender Address

1 Merrimack St

Servicing Lender City

HAVERHILL

Servicing Lender State

MA

Servicing Lender Zip

01830-6231

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAVERHILL

Project County Name

ESSEX

Project State

MA

Project Zip

01832-5159

CD

MA-03

Jobs Reported

39

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

80812.50

Payroll Proceed

484875.00

Mortgage Interest Proceed

0.00

Rent Proceed

80812.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32855

Originating Lender

Pentucket Bank

Originating Lender City

HAVERHILL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

655030.21

Forgiveness Date

08/05/2021

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