PPP Loan information for Folsom companies, inc

$50,000

Folsom companies, inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/07/2020 by The OneLocal Bank reported 12 jobs and $50,000 was used to fund payroll.

Folsom companies, inc is Existing or more than 2 years old

FOLSOM COMPANIES, INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FOLSOM COMPANIES, INC

Borrower Address

50 Broadway

Borrower City

NORWOOD

Borrower State

MA

Borrower Zip

02062-3562

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89266

Servicing Lender Name

OneLocal Bank

Servicing Lender Address

11 Central St

Servicing Lender City

NORWOOD

Servicing Lender State

MA

Servicing Lender Zip

02062-3505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWOOD

Project County Name

NORFOLK

Project State

MA

Project Zip

02062-3562

CD

MA-08

Jobs Reported

12

NAICS Code

445310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

89266

Originating Lender

OneLocal Bank

Originating Lender City

NORWOOD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50669.86

Forgiveness Date

08/19/2021

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