PPP Loan information for Evans industries inc

$497,145

Evans industries inc was initially approved for PPP Loan of amount $287,500, the current approved amount is $497,145. The loan was approved on 04/08/2020 by The Eastern Bank reported 35 jobs and $497,145 was used to fund payroll.

Evans industries inc is Existing or more than 2 years old

EVANS INDUSTRIES INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EVANS INDUSTRIES INC

Borrower Address

249 BOSTON ST

Borrower City

TOPSFIELD

Borrower State

MA

Borrower Zip

01983-2215

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287500.00

Current Approval Amount

497144.90

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

TOPSFIELD

Project County Name

ESSEX

Project State

MA

Project Zip

01983-2215

CD

MA-06

Jobs Reported

35

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497144.90

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

501950.63

Forgiveness Date

03/31/2021

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