PPP Loan information for Armac,inc.

$76,463

Armac,inc. was initially approved for PPP Loan of amount $76,463, the current approved amount is $76,463. The loan was approved on 04/13/2020 by The Eastern Bank reported 5 jobs and $76,463 was used to fund payroll.

Armac,inc. is Existing or more than 2 years old

PPP Loan Search / MA / LYNNFIELD / Armac,inc.

ARMAC,INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARMAC,INC.

Borrower Address

7 KIMBALL LN

Borrower City

LYNNFIELD

Borrower State

MA

Borrower Zip

01940-2617

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76462.50

Current Approval Amount

76462.50

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

LYNNFIELD

Project County Name

ESSEX

Project State

MA

Project Zip

01940-2617

CD

MA-06

Jobs Reported

5

NAICS Code

424690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76462.50

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

Non-Veteran

Non Profit

Forgiveness Amount

77365.18

Forgiveness Date

06/24/2021

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