PPP Loan information for Industrial burner systems inc

$294,100

Industrial burner systems inc was initially approved for PPP Loan of amount $294,100, the current approved amount is $294,100. The loan was approved on 04/10/2020 by The South Shore Bank reported 13 jobs and $294,100 was used to fund payroll.

Industrial burner systems inc is New Business or 2 years or less

PPP Loan Search / MA / QUINCY / Industrial burner systems inc

INDUSTRIAL BURNER SYSTEMS INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INDUSTRIAL BURNER SYSTEMS INC

Borrower Address

61 COPELAND ST

Borrower City

QUINCY

Borrower State

MA

Borrower Zip

02169-6420

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294100.00

Current Approval Amount

294100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

QUINCY

Project County Name

NORFOLK

Project State

MA

Project Zip

02169-6420

CD

MA-08

Jobs Reported

13

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

294100.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

296665.21

Forgiveness Date

02/26/2021

;