PPP Loan information for Commercial insulation of wilmington inc

$259,352

Commercial insulation of wilmington inc was initially approved for PPP Loan of amount $259,352, the current approved amount is $259,352. The loan was approved on 02/01/2021 by The Reading Co-Operative Bank reported 9 jobs and $259,352 was used to fund payroll.

Commercial insulation of wilmington inc is Existing or more than 2 years old

COMMERCIAL INSULATION OF WILMINGTON INC

Date Approved

02/01/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

COMMERCIAL INSULATION OF WILMINGTON INC

Borrower Address

5 Scaltrito Dr

Borrower City

Wilmington

Borrower State

MA

Borrower Zip

01887-1325

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259352.28

Current Approval Amount

259352.28

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-1325

CD

MA-06

Jobs Reported

9

NAICS Code

238990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259351.28

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260865.17

Forgiveness Date

09/02/2021

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