PPP Loan information for Danatronics corporation

$176,566

Danatronics corporation was initially approved for PPP Loan of amount $176,566, the current approved amount is $176,566. The loan was approved on 02/02/2021 by The Salem Five Cents Savings Bank reported 9 jobs and $176,566 was used to fund payroll.

Danatronics corporation is Existing or more than 2 years old

PPP Loan Search / MA / Danvers / Danatronics corporation

DANATRONICS CORPORATION

Date Approved

02/02/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DANATRONICS CORPORATION

Borrower Address

150 Andover St Ste 8C

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-1428

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176566.00

Current Approval Amount

176566.00

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

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1428

CD

MA-06

Jobs Reported

9

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

176561.00

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

178101.14

Forgiveness Date

12/14/2021

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