PPP Loan information for King painting inc

$487,800

King painting inc was initially approved for PPP Loan of amount $527,500, the current approved amount is $487,800. The loan was approved on 04/07/2020 by The Salem Five Cents Savings Bank reported 28 jobs and $487,800 was used to fund payroll.

King painting inc is Existing or more than 2 years old

PPP Loan Search / MA / NORTH ANDOVER / King painting inc

KING PAINTING INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

KING PAINTING INC

Borrower Address

50 HIGH ST, Suite 22

Borrower City

NORTH ANDOVER

Borrower State

MA

Borrower Zip

01845-2620

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527500.00

Current Approval Amount

487800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01845-2620

CD

MA-06

Jobs Reported

28

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

487800.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

491851.45

Forgiveness Date

02/11/2021

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