PPP Loan information for Depaoli mosaic company

$687,000

Depaoli mosaic company was initially approved for PPP Loan of amount $754,700, the current approved amount is $687,000. The loan was approved on 04/09/2020 by The Salem Five Cents Savings Bank reported 30 jobs and $687,000 was used to fund payroll.

Depaoli mosaic company is Existing or more than 2 years old

DEPAOLI MOSAIC COMPANY

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DEPAOLI MOSAIC COMPANY

Borrower Address

11 SPRINGDALE AVE

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-3224

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

754700.00

Current Approval Amount

687000.00

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

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-3224

CD

MA-08

Jobs Reported

30

NAICS Code

238340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

687000.00

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

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

693755.50

Forgiveness Date

04/12/2021

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