Commonwealth Volkswagen Inc.

$294,455 PPP Loan in Lawrence, Massachusetts

Loan Details

Loan Number
3487228601
Date Approved
Mar 17, 2021
Loan Status
Paid in Full
Initial Approval
$294,455
Current Approval
$294,455
Forgiveness Amount
$296,488
Forgiveness Date
Dec 2, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Commonwealth Volkswagen Inc.
Address
1 Commonwealth Dr
ZIP Code
01841-2268
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.0M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$294,453

Lender Information

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

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