T.r. Motors INC

$472,500 PPP Loan in Hanover, Massachusetts

Loan Details

Loan Number
7713257001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$472,500
Current Approval
$468,300
Forgiveness Amount
$471,968
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
T.r. Motors INC
Address
1 Saturn Drive
ZIP Code
02339-1604
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
29
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
MA-09

Loan Use Breakdown

Payroll
$468,300

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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