Framingham Auto Mall, Inc.

$672,961 PPP Loan in Framingham, Massachusetts

Loan Details

Loan Number
3115997209
Date Approved
Apr 16, 2020
Loan Status
Charged Off
Initial Approval
$672,961
Current Approval
$672,961
Forgiveness Amount
$394,112
Forgiveness Date
Jun 10, 2021
Term
6 months
Draw
First Draw

Business Information

Business Name
Framingham Auto Mall, Inc.
Address
154 Waverley St
ZIP Code
01702-7133
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.1M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$562,961
Rent
$72,000
Utilities
$18,000
Health Care
$20,000

Lender Information

Servicing Lender
Mutualone Bank
Originating Lender
Mutualone Bank

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