PPP Loan information for Interstate food equipmen

$998,217

Interstate food equipmen was initially approved for PPP Loan of amount $998,217, the current approved amount is $998,217. The loan was approved on 02/24/2021 by The Eastern Bank reported 35 jobs and $998,217 was used to fund payroll.

Interstate food equipmen is Existing or more than 2 years old

INTERSTATE FOOD EQUIPMEN

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

INTERSTATE FOOD EQUIPMEN

Borrower Address

43 Sharon St

Borrower City

Malden

Borrower State

MA

Borrower Zip

02148-5900

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

998217.00

Current Approval Amount

998217.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Malden

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-5900

CD

MA-05

Jobs Reported

35

NAICS Code

722310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

998215.00

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

Subchapter S 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

1005980.91

Forgiveness Date

12/09/2021

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