AJ'S AUTO SALES INC (MA) - 2020 PPP Loan Borrower Profile (# 1420107110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AJ'S AUTO SALES 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

1420107110

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$104,900

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$105,727.54

Date Loan was Forgiven

Feb 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

104,900

Lender

Salem Five Cents Savings Bank

Business Detail

Business Type

Corporation

NAICS

532111

Borrower Location

LYNN, MA

Project Location

LYNN, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.