PPP Loan information for Richards motorcars inc

$129,627

Richards motorcars inc was initially approved for PPP Loan of amount $129,627, the current approved amount is $129,627. The loan was approved on 02/20/2021 by The Rockland Trust Company reported 11 jobs and $129,627 was used to fund payroll.

Richards motorcars inc is Existing or more than 2 years old

PPP Loan Search / MA / Malden / Richards motorcars inc

RICHARDS MOTORCARS INC

Date Approved

02/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RICHARDS MOTORCARS INC

Borrower Address

672 Broadway # 0

Borrower City

Malden

Borrower State

MA

Borrower Zip

02148-2047

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129627.00

Current Approval Amount

129627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

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

02148-2047

CD

MA-05

Jobs Reported

11

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

129624.00

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130541.59

Forgiveness Date

11/02/2021

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