PPP Loan information for Marks auto parts inc

$85,000

Marks auto parts inc was initially approved for PPP Loan of amount $70,852, the current approved amount is $85,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $85,000 was used to fund payroll.

Marks auto parts inc is New Business or 2 years or less

PPP Loan Search / CT / EAST GRANBY / Marks auto parts inc

MARKS AUTO PARTS INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MARKS AUTO PARTS INC

Borrower Address

22 RUSSELL RD

Borrower City

EAST GRANBY

Borrower State

CT

Borrower Zip

06026-9765

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70852.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

EAST GRANBY

Project County Name

HARTFORD

Project State

CT

Project Zip

06026-9765

CD

CT-01

Jobs Reported

9

NAICS Code

425120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85000.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73657.73

Forgiveness Date

11/12/2021

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