PPP Loan information for Gordon rug company

$72,500

Gordon rug company was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 04/28/2020 by The Newburyport Five Cents Savings Bank reported 5 jobs and $72,500 was used to fund payroll.

Gordon rug company is Unanswered

GORDON RUG COMPANY

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GORDON RUG COMPANY

Borrower Address

14 STATE ST

Borrower City

NEWBURYPORT

Borrower State

MA

Borrower Zip

01950-6637

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

NEWBURYPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01950-6637

CD

MA-06

Jobs Reported

5

NAICS Code

314110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72876.60

Forgiveness Date

11/12/2020

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