PPP Loan information for Andover audio llc

$270,000

Andover audio llc was initially approved for PPP Loan of amount $270,000, the current approved amount is $270,000. The loan was approved on 02/27/2021 by The Enterprise Bank and Trust Company reported 10 jobs and $270,000 was used to fund payroll.

Andover audio llc is Existing or more than 2 years old

ANDOVER AUDIO LLC

Date Approved

02/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ANDOVER AUDIO LLC

Borrower Address

15 High St

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845-2637

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270000.00

Current Approval Amount

270000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-2637

CD

MA-06

Jobs Reported

10

NAICS Code

334310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

269998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272137.50

Forgiveness Date

12/14/2021

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