PPP Loan information for Martel welding & sons, inc.

$278,912

Martel welding & sons, inc. was initially approved for PPP Loan of amount $278,912, the current approved amount is $278,912. The loan was approved on 04/10/2020 by The The Lowell Five Cent Savings Bank reported 18 jobs and $278,912 was used to fund payroll.

Martel welding & sons, inc. is Existing or more than 2 years old

PPP Loan Search / MA / TEWKSBURY / Martel welding & sons, inc.

MARTEL WELDING & SONS, INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARTEL WELDING & SONS, INC.

Borrower Address

500 WOBURN ST

Borrower City

TEWKSBURY

Borrower State

MA

Borrower Zip

01876-3443

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278912.36

Current Approval Amount

278912.36

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TEWKSBURY

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01876-3443

CD

MA-06

Jobs Reported

18

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6845.20

Payroll Proceed

223129.89

Mortgage Interest Proceed

9614.32

Rent Proceed

12320.75

Refinance EIDL Proceed

0.00

Health Care Proceed

27002.20

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

281701.12

Forgiveness Date

04/15/2021

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