PPP Loan information for Andover street motor sports inc

$979,092

Andover street motor sports inc was initially approved for PPP Loan of amount $979,092, the current approved amount is $979,092. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 60 jobs and $979,092 was used to fund payroll.

Andover street motor sports inc is New Business or 2 years or less

PPP Loan Search / MA / PEABODY / Andover street motor sports inc

ANDOVER STREET MOTOR SPORTS INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ANDOVER STREET MOTOR SPORTS INC

Borrower Address

7 CENTENNIAL DR

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-7906

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

979092.00

Current Approval Amount

979092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7906

CD

MA-06

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

979092.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

992638.34

Forgiveness Date

09/23/2021

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