PPP Loan information for Drew mortgage associates, inc.

$465,000

Drew mortgage associates, inc. was initially approved for PPP Loan of amount $465,000, the current approved amount is $465,000. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 24 jobs and $465,000 was used to fund payroll.

Drew mortgage associates, inc. is Existing or more than 2 years old

PPP Loan Search / MA / SHREWSBURY / Drew mortgage associates, inc.

DREW MORTGAGE ASSOCIATES, INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DREW MORTGAGE ASSOCIATES, INC.

Borrower Address

196 BOSTON TPKE

Borrower City

SHREWSBURY

Borrower State

MA

Borrower Zip

01545-2500

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

465000.00

Current Approval Amount

465000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHREWSBURY

Project County Name

WORCESTER

Project State

MA

Project Zip

01545-2500

CD

MA-02

Jobs Reported

24

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

465000.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

470722.08

Forgiveness Date

07/02/2021

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