PPP Loan information for Colonial iron works inc

$58,177

Colonial iron works inc was initially approved for PPP Loan of amount $58,177, the current approved amount is $58,177. The loan was approved on 03/03/2021 by The Bank of America, National Association reported 4 jobs and $58,177 was used to fund payroll.

Colonial iron works inc is Existing or more than 2 years old

PPP Loan Search / MA / Peabody / Colonial iron works inc

COLONIAL IRON WORKS INC

Date Approved

03/03/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COLONIAL IRON WORKS INC

Borrower Address

77 Walnut St Ste 3

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-5691

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58177.00

Current Approval Amount

58177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

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

01960-5691

CD

MA-06

Jobs Reported

4

NAICS Code

332323

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

58172.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

58408.11

Forgiveness Date

07/28/2021

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