PPP Loan information for Corks inc

$175,504

Corks inc was initially approved for PPP Loan of amount $175,504, the current approved amount is $175,504. The loan was approved on 03/16/2021 by The Salem Five Cents Savings Bank reported 24 jobs and $175,504 was used to fund payroll.

Corks inc is Existing or more than 2 years old

PPP Loan Search / MA / Southborough / Corks inc

CORKS INC

Date Approved

03/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CORKS INC

Borrower Address

50 Turnpike Rd

Borrower City

Southborough

Borrower State

MA

Borrower Zip

01772-2102

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175504.00

Current Approval Amount

175504.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southborough

Project County Name

WORCESTER

Project State

MA

Project Zip

01772-2102

CD

MA-02

Jobs Reported

24

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

175499.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176761.78

Forgiveness Date

12/01/2021

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