PPP Loan information for Vendetti motors inc.

$546,000

Vendetti motors inc. was initially approved for PPP Loan of amount $1,409,900, the current approved amount is $546,000. The loan was approved on 04/07/2020 by The Dean Co-Operative Bank reported 50 jobs and $546,000 was used to fund payroll.

Vendetti motors inc. is Existing or more than 2 years old

PPP Loan Search / MA / FRANKLIN / Vendetti motors inc.

VENDETTI MOTORS INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VENDETTI MOTORS INC.

Borrower Address

411 West Central

Borrower City

FRANKLIN

Borrower State

MA

Borrower Zip

02038-1833

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1409900.00

Current Approval Amount

546000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89080

Servicing Lender Name

Dean Co-Operative Bank

Servicing Lender Address

21 Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

MA

Servicing Lender Zip

02038-1957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

NORFOLK

Project State

MA

Project Zip

02038-1833

CD

MA-04

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

546000.00

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

89080

Originating Lender

Dean Co-Operative Bank

Originating Lender City

FRANKLIN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

552521.67

Forgiveness Date

06/22/2021

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