PPP Loan information for Mcadam painting co inc.

$1,781,340

Mcadam painting co inc. was initially approved for PPP Loan of amount $1,781,340, the current approved amount is $1,781,340. The loan was approved on 04/15/2020 by The Watertown Savings Bank reported 161 jobs and $1,781,340 was used to fund payroll.

Mcadam painting co inc. is Existing or more than 2 years old

PPP Loan Search / MA / WATERTOWN / Mcadam painting co inc.

MCADAM PAINTING CO INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MCADAM PAINTING CO INC.

Borrower Address

83 Spring St

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1781340.00

Current Approval Amount

1781340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33420

Servicing Lender Name

Watertown Savings Bank

Servicing Lender Address

60 Main St

Servicing Lender City

WATERTOWN

Servicing Lender State

MA

Servicing Lender Zip

02472-4413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-1001

CD

MA-05

Jobs Reported

161

NAICS Code

238320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1781340.00

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

33420

Originating Lender

Watertown Savings Bank

Originating Lender City

WATERTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1800637.85

Forgiveness Date

05/13/2021

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