Smith Motor Sales of Haverhill, Inc.

$646,500 PPP Loan in Haverhill, Massachusetts

Loan Details

Loan Number
6659607003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$646,500
Current Approval
$646,500
Forgiveness Amount
$655,030
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Motor Sales of Haverhill, Inc.
Address
420 River St
ZIP Code
01832-5159
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Franchise
Mercedes-Benz - Passenger Car Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$484,875
Rent
$80,813
Utilities
$80,813

Lender Information

Servicing Lender
Pentucket Bank
Originating Lender
Pentucket Bank

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