Date Approved
04/15/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
BURNELL CONTROLS, INC.
Borrower Address
153 Andover Street Suite 202
Borrower City
DANVERS
Borrower State
MA
Borrower Zip
01923-1450
Loan Status Date
04/13/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
666466.00
Current Approval Amount
652044.00
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
Servicing Lender Zip
02180-2893
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ESSEX
Project State
Project Zip
CD
MA-06
Jobs Reported
31
NAICS Code
238220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
642044.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
10000.00
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
660484.35
Forgiveness Date
08/04/2021