PPP Loan information for Expressway motors inc.

$1,500,553

Expressway motors inc. was initially approved for PPP Loan of amount $1,500,553, the current approved amount is $1,500,553. The loan was approved on 04/09/2020 by The Toyota Financial Savings Bank reported 120 jobs and $1,500,553 was used to fund payroll.

Expressway motors inc. is Existing or more than 2 years old

PPP Loan Search / MA / DORCHESTER / Expressway motors inc.

EXPRESSWAY MOTORS INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EXPRESSWAY MOTORS INC.

Borrower Address

700 Morrissey Blbd

Borrower City

DORCHESTER

Borrower State

MA

Borrower Zip

02122

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1500552.50

Current Approval Amount

1500552.50

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

387964

Servicing Lender Name

Toyota Financial Savings Bank

Servicing Lender Address

2485 Village View Dr, Ste 200

Servicing Lender City

HENDERSON

Servicing Lender State

NV

Servicing Lender Zip

89074-7133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DORCHESTER

Project County Name

SUFFOLK

Project State

MA

Project Zip

02122-0009

CD

MA-07

Jobs Reported

120

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1500552.50

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

387964

Originating Lender

Toyota Financial Savings Bank

Originating Lender City

HENDERSON

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1521185.10

Forgiveness Date

08/26/2021

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