PPP Loan information for T & l auto care inc

$71,457

T & l auto care inc was initially approved for PPP Loan of amount $71,457, the current approved amount is $71,457. The loan was approved on 04/28/2020 by The StonehamBank reported 10 jobs and $71,457 was used to fund payroll.

T & l auto care inc is Existing or more than 2 years old

T & L AUTO CARE INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

T & L AUTO CARE INC

Borrower Address

6 TURNPIKE RD

Borrower City

SOUTHBOROUGH

Borrower State

MA

Borrower Zip

01772-2106

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71457.00

Current Approval Amount

71457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89298

Servicing Lender Name

StonehamBank

Servicing Lender Address

80 Montvale Ave

Servicing Lender City

STONEHAM

Servicing Lender State

MA

Servicing Lender Zip

02180-2893

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01772-2106

CD

MA-02

Jobs Reported

10

NAICS Code

447190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71457.00

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

Subchapter S Corporation

Originating Lender Location Id

89298

Originating Lender

StonehamBank

Originating Lender City

STONEHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72316.47

Forgiveness Date

07/15/2021

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