PPP Loan information for Majestic motors inc.

$49,300

Majestic motors inc. was initially approved for PPP Loan of amount $49,300, the current approved amount is $49,300. The loan was approved on 01/30/2021 by The Citizens Bank, National Association reported 11 jobs and $49,300 was used to fund payroll.

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

MAJESTIC MOTORS INC.

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MAJESTIC MOTORS INC.

Borrower Address

14 Furlong Dr

Borrower City

Revere

Borrower State

MA

Borrower Zip

02151-4006

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49300.00

Current Approval Amount

49300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Revere

Project County Name

SUFFOLK

Project State

MA

Project Zip

02151-4006

CD

MA-05

Jobs Reported

11

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49294.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;