PPP Loan information for Burnell controls inc.

$613,237

Burnell controls inc. was initially approved for PPP Loan of amount $613,237, the current approved amount is $613,237. The loan was approved on 02/10/2021 by The StonehamBank reported 32 jobs and $613,237 was used to fund payroll.

Burnell controls inc. is Existing or more than 2 years old

BURNELL CONTROLS INC.

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BURNELL CONTROLS INC.

Borrower Address

153 Andover St Ste 202

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-1477

Loan Status Date

05/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

613237.00

Current Approval Amount

613237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89298

Servicing Lender Name

StonehamBank

Servicing Lender Address

80 Montvale Ave

Servicing Lender City

STONEHAM

Servicing Lender State

MA

Servicing Lender Zip

02180-2893

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

01923-1477

CD

MA-06

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

613232.00

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

Subchapter S Corporation

Originating Lender Location Id

89298

Originating Lender

StonehamBank

Originating Lender City

STONEHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

621055.77

Forgiveness Date

05/24/2022

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