PPP Loan information for Professional automotive service inc

$117,800

Professional automotive service inc was initially approved for PPP Loan of amount $117,800, the current approved amount is $117,800. The loan was approved on 04/07/2020 by The Main Street Bank reported 7 jobs and $117,800 was used to fund payroll.

Professional automotive service inc is Existing or more than 2 years old

PPP Loan Search / MA / MARLBOROUGH / Professional automotive service inc

PROFESSIONAL AUTOMOTIVE SERVICE INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PROFESSIONAL AUTOMOTIVE SERVICE INC

Borrower Address

19 Mechanic Street

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-4401

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117800.00

Current Approval Amount

117800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-4401

CD

MA-03

Jobs Reported

7

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

117800.00

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118829.54

Forgiveness Date

03/10/2021

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