PPP Loan information for Woburn foreign motors inc

$2,998,755

Woburn foreign motors inc was initially approved for PPP Loan of amount $2,998,755, the current approved amount is $2,998,755. The loan was approved on 04/09/2020 by The Rockland Trust Company reported 357 jobs and $2,998,755 was used to fund payroll.

Woburn foreign motors inc is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Woburn foreign motors inc

WOBURN FOREIGN MOTORS INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WOBURN FOREIGN MOTORS INC

Borrower Address

394 Washington Street

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-2110

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2998755.00

Current Approval Amount

2998755.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-2110

CD

MA-05

Jobs Reported

357

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2998755.00

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

3048817.55

Forgiveness Date

12/09/2021

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