PPP Loan information for Lynnfield fuel inc.

$52,335

Lynnfield fuel inc. was initially approved for PPP Loan of amount $52,335, the current approved amount is $52,335. The loan was approved on 02/01/2021 by The Eastern Bank reported 7 jobs and $52,335 was used to fund payroll.

Lynnfield fuel inc. is Existing or more than 2 years old

LYNNFIELD FUEL INC.

Date Approved

02/01/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LYNNFIELD FUEL INC.

Borrower Address

596 Salem St

Borrower City

Lynnfield

Borrower State

MA

Borrower Zip

01940-2338

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52335.00

Current Approval Amount

52335.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynnfield

Project County Name

ESSEX

Project State

MA

Project Zip

01940-2338

CD

MA-06

Jobs Reported

7

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52329.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52760.95

Forgiveness Date

11/26/2021

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