PPP Loan information for A. russo & sons inc.

$2,000,000

A. russo & sons inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The First-Citizens Bank & Trust Company reported 252 jobs and $2,000,000 was used to fund payroll.

A. russo & sons inc. is Existing or more than 2 years old

A. RUSSO & SONS INC.

Date Approved

02/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

A. RUSSO & SONS INC.

Borrower Address

560 Pleasant St

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-2408

Loan Status Date

05/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2408

CD

MA-05

Jobs Reported

252

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2022222.22

Forgiveness Date

03/28/2022

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