PPP Loan information for Lobel tree service, inc.

$84,342

Lobel tree service, inc. was initially approved for PPP Loan of amount $96,000, the current approved amount is $84,342. The loan was approved on 04/05/2020 by The Salem Five Cents Savings Bank reported 7 jobs and $84,342 was used to fund payroll.

Lobel tree service, inc. is Existing or more than 2 years old

PPP Loan Search / MA / PEABODY / Lobel tree service, inc.

LOBEL TREE SERVICE, INC.

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOBEL TREE SERVICE, INC.

Borrower Address

621 LOWELL ST

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-2322

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96000.00

Current Approval Amount

84342.00

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

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-2322

CD

MA-06

Jobs Reported

7

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84342.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85042.51

Forgiveness Date

02/09/2021

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