PPP Loan information for Aero manufacturing corporation

$1,000,000

Aero manufacturing corporation was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 04/13/2021 by The Eastern Bank reported 58 jobs and $1,000,000 was used to fund payroll.

Aero manufacturing corporation is Existing or more than 2 years old

PPP Loan Search / MA / Beverly / Aero manufacturing corporation

AERO MANUFACTURING CORPORATION

Date Approved

04/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AERO MANUFACTURING CORPORATION

Borrower Address

100 Sam Fonzo Dr

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915-1059

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beverly

Project County Name

ESSEX

Project State

MA

Project Zip

01915-1059

CD

MA-06

Jobs Reported

58

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

999999.00

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1008611.11

Forgiveness Date

02/22/2022

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