PPP Loan information for Marlborough foundry inc

$397,611

Marlborough foundry inc was initially approved for PPP Loan of amount $397,611, the current approved amount is $397,611. The loan was approved on 02/24/2021 by The Avidia Bank reported 23 jobs and $397,611 was used to fund payroll.

Marlborough foundry inc is Existing or more than 2 years old

PPP Loan Search / MA / Marlborough / Marlborough foundry inc

MARLBOROUGH FOUNDRY INC

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MARLBOROUGH FOUNDRY INC

Borrower Address

555 Maple St

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752-3268

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397610.85

Current Approval Amount

397610.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marlborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-3268

CD

MA-03

Jobs Reported

23

NAICS Code

331524

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

397609.85

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

398770.55

Forgiveness Date

06/15/2021

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