PPP Loan information for Auto industrial machine

$268,702

Auto industrial machine was initially approved for PPP Loan of amount $268,702, the current approved amount is $268,702. The loan was approved on 04/13/2020 by The Eastern Bank reported 26 jobs and $268,702 was used to fund payroll.

Auto industrial machine is Existing or more than 2 years old

PPP Loan Search / MA / DANVERS / Auto industrial machine

AUTO INDUSTRIAL MACHINE

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AUTO INDUSTRIAL MACHINE

Borrower Address

3 ELECTRONICS AVE

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-1099

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268702.00

Current Approval Amount

268702.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1099

CD

MA-06

Jobs Reported

26

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

268702.00

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

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

271291.99

Forgiveness Date

04/13/2021

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