PPP Loan information for Best automotive inc

$576,282

Best automotive inc was initially approved for PPP Loan of amount $576,282, the current approved amount is $576,282. The loan was approved on 02/24/2021 by The Eastern Bank reported 39 jobs and $576,282 was used to fund payroll.

Best automotive inc is Existing or more than 2 years old

PPP Loan Search / MA / Plymouth / Best automotive inc

BEST AUTOMOTIVE INC

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BEST AUTOMOTIVE INC

Borrower Address

520 Colony Place Rd

Borrower City

Plymouth

Borrower State

MA

Borrower Zip

02360-7240

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

576282.00

Current Approval Amount

576282.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02360-7240

CD

MA-09

Jobs Reported

39

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

576282.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

580716.17

Forgiveness Date

12/01/2021

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