PPP Loan information for 495 cars inc

$278,917

495 cars inc was initially approved for PPP Loan of amount $278,917, the current approved amount is $278,917. The loan was approved on 04/15/2021 by The Eastern Bank reported 30 jobs and $278,917 was used to fund payroll.

495 cars inc is Existing or more than 2 years old

495 CARS INC

Date Approved

04/15/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

495 CARS INC

Borrower Address

22 Stillmeadow Way

Borrower City

Framingham

Borrower State

MA

Borrower Zip

01702-5546

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

278917.00

Current Approval Amount

278917.00

Undisbursed Amount

0.00

Franchise Name

Mazda North American Operations Dealer Agreement

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Framingham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01702-5546

CD

MA-05

Jobs Reported

30

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

278917.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

280404.56

Forgiveness Date

11/01/2021

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