PPP Loan information for Hughesco inc

$93,177

Hughesco inc was initially approved for PPP Loan of amount $93,177, the current approved amount is $93,177. The loan was approved on 02/24/2021 by The The Savings Bank reported 5 jobs and $93,177 was used to fund payroll.

Hughesco inc is Existing or more than 2 years old

HUGHESCO INC

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

HUGHESCO INC

Borrower Address

35 Madison St

Borrower City

Methuen

Borrower State

MA

Borrower Zip

01844-4869

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93177.00

Current Approval Amount

93177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33385

Servicing Lender Name

The Savings Bank

Servicing Lender Address

357 Main St

Servicing Lender City

WAKEFIELD

Servicing Lender State

MA

Servicing Lender Zip

01880-5027

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Methuen

Project County Name

ESSEX

Project State

MA

Project Zip

01844-4869

CD

MA-03

Jobs Reported

5

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

93174.00

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

33385

Originating Lender

The Savings Bank

Originating Lender City

WAKEFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93681.71

Forgiveness Date

09/09/2021

;