Andover Street Motor Sports INC

$979,092 PPP Loan in Peabody, Massachusetts

Loan Details

Loan Number
2525418607
Date Approved
Mar 15, 2021
Loan Status
Paid in Full
Initial Approval
$979,092
Current Approval
$979,092
Forgiveness Amount
$992,853
Forgiveness Date
Aug 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Andover Street Motor Sports INC
Address
7 Centennial Dr
ZIP Code
01960-7906
Business Type
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
66
Estimated Revenue
$16.6M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$979,089
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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