PPP Loan information for Cablenet systems inc

$62,500

Cablenet systems inc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 01/21/2021 by The North Shore Bank, a Co-operative Bank reported 3 jobs and $62,500 was used to fund payroll.

Cablenet systems inc is Existing or more than 2 years old

PPP Loan Search / MA / Peabody / Cablenet systems inc

CABLENET SYSTEMS INC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CABLENET SYSTEMS INC

Borrower Address

1 Newbury St

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-3811

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-3811

CD

MA-06

Jobs Reported

3

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62497.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63277.78

Forgiveness Date

04/21/2022

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