Foreign Auto Import, Inc.

$1,378,500 PPP Loan in Watertown, Massachusetts

Loan Details

Loan Number
9114147000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,378,500
Current Approval
$1,378,500
Forgiveness Amount
$1,390,026
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Foreign Auto Import, Inc.
Address
149 Arsenal St
ZIP Code
02472-2716
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$24.7M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$1,378,500

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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