PPP Loan information for Dracut appliance center inc

$249,500

Dracut appliance center inc was initially approved for PPP Loan of amount $249,500, the current approved amount is $249,500. The loan was approved on 04/08/2020 by The Enterprise Bank and Trust Company reported 26 jobs and $249,500 was used to fund payroll.

Dracut appliance center inc is Existing or more than 2 years old

DRACUT APPLIANCE CENTER INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DRACUT APPLIANCE CENTER INC

Borrower Address

1112 LAKEVIEW AVE

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826-4739

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249500.00

Current Approval Amount

249500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-4739

CD

MA-03

Jobs Reported

26

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

249500.00

Payroll Proceed

0.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251710.85

Forgiveness Date

03/08/2021

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