Lexington Motors, Inc.

$813,009 PPP Loan in Lexington, Massachusetts

Loan Details

Loan Number
7655837010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$813,009
Current Approval
$751,890
Forgiveness Amount
$756,798
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lexington Motors, Inc.
Address
409 Massachusetts Ave
ZIP Code
02420-4009
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
New Business or 2 years or less
Jobs Reported
52
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$751,890

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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