PPP Loan information for Commonwealth elevator

$106,800

Commonwealth elevator was initially approved for PPP Loan of amount $106,800, the current approved amount is $106,800. The loan was approved on 04/09/2020 by The The Bank of Canton reported 5 jobs and $106,800 was used to fund payroll.

Commonwealth elevator is Existing or more than 2 years old

COMMONWEALTH ELEVATOR

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COMMONWEALTH ELEVATOR

Borrower Address

11 NEWBURY ST

Borrower City

QUINCY

Borrower State

MA

Borrower Zip

02171-1666

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106800.00

Current Approval Amount

106800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32735

Servicing Lender Name

The Bank of Canton

Servicing Lender Address

490 Turnpike St

Servicing Lender City

CANTON

Servicing Lender State

MA

Servicing Lender Zip

02021-2704

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

NORFOLK

Project State

MA

Project Zip

02171-1666

CD

MA-08

Jobs Reported

5

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16800.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

32735

Originating Lender

The Bank of Canton

Originating Lender City

CANTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108262.57

Forgiveness Date

08/24/2021

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