# PPP loan: COLONIAL NISSAN OF MEDFORD INC.
> **$605K** approved 03/13/2021 · Exemption 4 · Loan `1240488608`
## Borrower
- **Name:** COLONIAL NISSAN OF MEDFORD INC.
- **Address:** 104 Mystic Ave, Medford, MA, 02155-4616
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $605K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*