PPP Loan information for Crandall & company, inc.

$555,703

Crandall & company, inc. was initially approved for PPP Loan of amount $591,200, the current approved amount is $555,703. The loan was approved on 04/04/2020 by The Salem Five Cents Savings Bank reported 41 jobs and $555,703 was used to fund payroll.

Crandall & company, inc. is New Business or 2 years or less

CRANDALL & COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CRANDALL & COMPANY, INC.

Borrower Address

20 GARDEN ST

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-1431

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591200.00

Current Approval Amount

555703.00

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

New Business or 2 years or less

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1431

CD

MA-06

Jobs Reported

41

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

555703.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

559145.27

Forgiveness Date

11/25/2020

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