PPP Loan information for Carfive motors llc

$36,195

Carfive motors llc was initially approved for PPP Loan of amount $36,195, the current approved amount is $36,195. The loan was approved on 05/01/2020 by The North Shore Bank, a Co-operative Bank reported 4 jobs and $36,195 was used to fund payroll.

Carfive motors llc is Existing or more than 2 years old

CARFIVE MOTORS LLC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CARFIVE MOTORS LLC

Borrower Address

296 Highland Avenue

Borrower City

SALEM

Borrower State

MA

Borrower Zip

01970-1841

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36195.00

Current Approval Amount

36195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ESSEX

Project State

MA

Project Zip

01970-1841

CD

MA-06

Jobs Reported

4

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36195.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36509.70

Forgiveness Date

03/17/2021

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