PPP Loan information for Maddies sail loft inc

$171,552

Maddies sail loft inc was initially approved for PPP Loan of amount $171,552, the current approved amount is $171,552. The loan was approved on 01/27/2021 by The Salem Five Cents Savings Bank reported 10 jobs and $171,552 was used to fund payroll.

Maddies sail loft inc is Existing or more than 2 years old

PPP Loan Search / MA / Marblehead / Maddies sail loft inc

MADDIES SAIL LOFT INC

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MADDIES SAIL LOFT INC

Borrower Address

15 State St

Borrower City

Marblehead

Borrower State

MA

Borrower Zip

01945-3592

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

171552.00

Current Approval Amount

171552.00

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

Marblehead

Project County Name

ESSEX

Project State

MA

Project Zip

01945-3592

CD

MA-06

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

171548.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173300.88

Forgiveness Date

02/01/2022

;