PPP Loan information for Gray company

$410,000

Gray company was initially approved for PPP Loan of amount $410,000, the current approved amount is $410,000. The loan was approved on 04/04/2020 by The The Lowell Five Cent Savings Bank reported 39 jobs and $410,000 was used to fund payroll.

Gray company is Existing or more than 2 years old

GRAY COMPANY

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GRAY COMPANY

Borrower Address

28 Nashua Road Unit C

Borrower City

NORTH BILLERICA

Borrower State

MA

Borrower Zip

01862-2071

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410000.00

Current Approval Amount

410000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01862-2071

CD

MA-03

Jobs Reported

39

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

388000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

412987.95

Forgiveness Date

01/07/2021

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