PPP Loan information for Gorman insurance of chelsea, inc

$58,400

Gorman insurance of chelsea, inc was initially approved for PPP Loan of amount $58,400, the current approved amount is $58,400. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 4 jobs and $58,400 was used to fund payroll.

Gorman insurance of chelsea, inc is Existing or more than 2 years old

GORMAN INSURANCE OF CHELSEA, INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GORMAN INSURANCE OF CHELSEA, INC

Borrower Address

186 Broadway

Borrower City

Chelsea

Borrower State

MA

Borrower Zip

02150

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58400.00

Current Approval Amount

58400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

SUFFOLK

Project State

MA

Project Zip

02150-0006

CD

MA-07

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58400.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59043.20

Forgiveness Date

06/04/2021

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