PPP Loan information for Macdonald & pangione insurance agency, inc.

$293,448

Macdonald & pangione insurance agency, inc. was initially approved for PPP Loan of amount $26,963, the current approved amount is $293,448. The loan was approved on 05/01/2020 by The Newburyport Five Cents Savings Bank reported 14 jobs and $293,448 was used to fund payroll.

Macdonald & pangione insurance agency, inc. is Existing or more than 2 years old

MACDONALD & PANGIONE INSURANCE AGENCY, INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MACDONALD & PANGIONE INSURANCE AGENCY, INC.

Borrower Address

104 MAIN ST

Borrower City

NORTH ANDOVER

Borrower State

MA

Borrower Zip

01845-2420

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26963.00

Current Approval Amount

293448.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01845-2420

CD

MA-06

Jobs Reported

14

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

293448.00

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

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

295241.29

Forgiveness Date

12/15/2020

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