Route 3a Motors, INC

$226,300 PPP Loan in North Chelmsford, Massachusetts

Loan Details

Loan Number
5274827004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$226,300
Current Approval
$226,300
Forgiveness Amount
$227,872
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Route 3a Motors, INC
Address
170 Tyngsboro Road
ZIP Code
01863-1142
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
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
$155,100
Rent
$19,800
Utilities
$10,400
Health Care
$19,000
Debt Interest
$22,000

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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