PPP Loan information for 495 cars inc

$311,817

495 cars inc was initially approved for PPP Loan of amount $311,817, the current approved amount is $311,817. The loan was approved on 04/07/2020 by The Eastern Bank reported 28 jobs and $311,817 was used to fund payroll.

495 cars inc is Existing or more than 2 years old

495 CARS INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

495 CARS INC

Borrower Address

720 Rogers Street

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-4338

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311817.00

Current Approval Amount

311817.00

Undisbursed Amount

0.00

Franchise Name

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

N

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-4338

CD

MA-03

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

311817.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

314060.35

Forgiveness Date

12/31/2020

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