PPP Loan information for Hansen engineering & machinery co inc

$472,500

Hansen engineering & machinery co inc was initially approved for PPP Loan of amount $472,500, the current approved amount is $472,500. The loan was approved on 04/09/2020 by The Eastern Bank reported 28 jobs and $472,500 was used to fund payroll.

Hansen engineering & machinery co inc is Existing or more than 2 years old

HANSEN ENGINEERING & MACHINERY CO INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HANSEN ENGINEERING & MACHINERY CO INC

Borrower Address

2 INDUSTRIAL DR

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-1039

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

472500.00

Current Approval Amount

472500.00

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

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1039

CD

MA-06

Jobs Reported

28

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

472500.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

476345.62

Forgiveness Date

02/11/2021

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