PPP Loan information for Albanese brothers, inc.

$882,193

Albanese brothers, inc. was initially approved for PPP Loan of amount $882,193, the current approved amount is $882,193. The loan was approved on 04/07/2020 by The Eastern Bank reported 46 jobs and $882,193 was used to fund payroll.

Albanese brothers, inc. is Existing or more than 2 years old

PPP Loan Search / MA / DRACUT / Albanese brothers, inc.

ALBANESE BROTHERS, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ALBANESE BROTHERS, INC.

Borrower Address

28 LOON HILL RD

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826-4031

Loan Status Date

05/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

882192.50

Current Approval Amount

882192.83

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

N

Business Age Description

Existing or more than 2 years old

Project City

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-4031

CD

MA-03

Jobs Reported

46

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

882192.83

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

890745.20

Forgiveness Date

04/01/2021

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