ACTON LINCOLN-MERCURY INC. (MA) - 2020 PPP Loan Borrower Profile (# 5516048507)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTON LINCOLN-MERCURY INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

5516048507

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$897,600

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$904,107.6

Date Loan was Forgiven

Nov 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

897,598

Lender

Enterprise Bank and Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

Acton, MA

Project Location

Acton, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.