PPP Loan information for Lock 50 inc

$153,000

Lock 50 inc was initially approved for PPP Loan of amount $153,000, the current approved amount is $153,000. The loan was approved on 04/07/2020 by The UniBank for Savings reported 34 jobs and $153,000 was used to fund payroll.

Lock 50 inc is Existing or more than 2 years old

LOCK 50 INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOCK 50 INC

Borrower Address

50 WATER STREET

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01604-5089

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153000.00

Current Approval Amount

153000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33377

Servicing Lender Name

UniBank for Savings

Servicing Lender Address

49 Church St

Servicing Lender City

WHITINSVILLE

Servicing Lender State

MA

Servicing Lender Zip

01588-1415

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01604-5089

CD

MA-02

Jobs Reported

34

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

153000.00

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

33377

Originating Lender

UniBank for Savings

Originating Lender City

WHITINSVILLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143826.22

Forgiveness Date

11/12/2020

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