PPP Loan information for 500 enterprises inc

$788,652

500 enterprises inc was initially approved for PPP Loan of amount $788,652, the current approved amount is $788,652. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 45 jobs and $788,652 was used to fund payroll.

500 enterprises inc is Existing or more than 2 years old

500 ENTERPRISES INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

500 ENTERPRISES INC

Borrower Address

500 Worcester Rd 0.0

Borrower City

Framingham

Borrower State

MA

Borrower Zip

01702-5372

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

788652.00

Current Approval Amount

788652.00

Undisbursed Amount

0.00

Franchise Name

Acura Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

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

01702-5372

CD

MA-05

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8500.00

Payroll Proceed

625152.00

Mortgage Interest Proceed

0.00

Rent Proceed

135000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

798398.86

Forgiveness Date

07/09/2021

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