PPP Loan information for Ted's auto sales, inc.

$57,556

Ted's auto sales, inc. was initially approved for PPP Loan of amount $57,556, the current approved amount is $57,556. The loan was approved on 04/09/2020 by The BayCoast Bank reported 5 jobs and $57,556 was used to fund payroll.

Ted's auto sales, inc. is Existing or more than 2 years old

PPP Loan Search / MA / SOMERSET / Ted's auto sales, inc.

TED'S AUTO SALES, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TED'S AUTO SALES, INC.

Borrower Address

1250 GAR HWY

Borrower City

SOMERSET

Borrower State

MA

Borrower Zip

02726

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57556.00

Current Approval Amount

57556.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

BRISTOL

Project State

MA

Project Zip

02726-0001

CD

MA-04

Jobs Reported

5

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57556.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58029.24

Forgiveness Date

02/11/2021

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