500 Enterprises INC

$788,652 PPP Loan in Framingham, Massachusetts

Loan Details

Loan Number
1833847107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$788,652
Current Approval
$788,652
Forgiveness Amount
$798,399
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
500 Enterprises INC
Address
500 Worcester Rd 0.0
ZIP Code
01702-5372
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Acura Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$625,152
Rent
$135,000
Utilities
$8,500
Health Care
$20,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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