Acton Lincoln Mercury

$897,600 PPP Loan in Acton, Massachusetts

Loan Details

Loan Number
8646697008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$897,600
Current Approval
$897,600
Forgiveness Amount
$905,554
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Acton Lincoln Mercury
Address
196 Great Rd
City
Acton
ZIP Code
01720-5758
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$747,200
Rent
$96,300
Utilities
$13,600
Refinance EIDL
$40,500

Lender Information

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

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