PPP Loan information for Drain doctor inc.

$275,135

Drain doctor inc. was initially approved for PPP Loan of amount $275,135, the current approved amount is $275,135. The loan was approved on 03/09/2021 by The Eastern Bank reported 18 jobs and $275,135 was used to fund payroll.

Drain doctor inc. is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Drain doctor inc.

DRAIN DOCTOR INC.

Date Approved

03/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DRAIN DOCTOR INC.

Borrower Address

612 Broadway

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02145-2562

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

275134.62

Current Approval Amount

275134.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02145-2562

CD

MA-07

Jobs Reported

18

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

275134.62

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

277824.83

Forgiveness Date

02/25/2022

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