PPP Loan information for Independent system distr

$150,807

Independent system distr was initially approved for PPP Loan of amount $150,807, the current approved amount is $150,807. The loan was approved on 03/12/2021 by The Eastern Bank reported 11 jobs and $150,807 was used to fund payroll.

Independent system distr is Existing or more than 2 years old

INDEPENDENT SYSTEM DISTR

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

INDEPENDENT SYSTEM DISTR

Borrower Address

18 DECLARMINE ST

Borrower City

WAKEFIELD

Borrower State

MA

Borrower Zip

01880

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150807.00

Current Approval Amount

150807.00

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

WAKEFIELD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880

CD

MA-06

Jobs Reported

11

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

150804.00

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

151946.43

Forgiveness Date

12/14/2021

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