PPP Loan information for Hub starters and alternators, inc.

$49,017

Hub starters and alternators, inc. was initially approved for PPP Loan of amount $49,017, the current approved amount is $49,017. The loan was approved on 04/28/2020 by The Eastern Bank reported 7 jobs and $49,017 was used to fund payroll.

Hub starters and alternators, inc. is Existing or more than 2 years old

HUB STARTERS AND ALTERNATORS, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HUB STARTERS AND ALTERNATORS, INC.

Borrower Address

172 BROADWAY

Borrower City

MALDEN

Borrower State

MA

Borrower Zip

02148-6019

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49017.00

Current Approval Amount

49017.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MALDEN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-6019

CD

MA-05

Jobs Reported

7

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49017.00

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

Veteran

Non Profit

Forgiveness Amount

49324.72

Forgiveness Date

12/17/2020

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