Woburn Foreign Motors INC

$2,998,755 PPP Loan in Woburn, Massachusetts

Loan Details

Loan Number
9605587008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,998,755
Current Approval
$2,998,755
Forgiveness Amount
$3,048,818
Forgiveness Date
Dec 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Woburn Foreign Motors INC
Address
394 Washington Street
City
Woburn
ZIP Code
01801-2110
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
357
Estimated Revenue
$90.0M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$2,998,755

Lender Information

Servicing Lender
Rockland Trust Company
Originating Lender
Rockland Trust Company

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