PPP Loan information for National automatic sales company inc.

$466,196

National automatic sales company inc. was initially approved for PPP Loan of amount $466,196, the current approved amount is $466,196. The loan was approved on 02/05/2021 by The New Valley Bank & Trust reported 45 jobs and $466,196 was used to fund payroll.

National automatic sales company inc. is Existing or more than 2 years old

PPP Loan Search / MA / Springfield / National automatic sales company inc.

NATIONAL AUTOMATIC SALES COMPANY INC.

Date Approved

02/05/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

NATIONAL AUTOMATIC SALES COMPANY INC.

Borrower Address

219 Memorial Dr

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01104-3228

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

466195.98

Current Approval Amount

466195.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01104-3228

CD

MA-01

Jobs Reported

45

NAICS Code

454210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

466191.98

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

468916.52

Forgiveness Date

09/21/2021

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