PPP Loan information for Medford wellington service co. inc.

$1,994,910

Medford wellington service co. inc. was initially approved for PPP Loan of amount $1,994,910, the current approved amount is $1,994,910. The loan was approved on 03/05/2021 by The Loan Source Incorporated reported 118 jobs and $1,994,910 was used to fund payroll.

Medford wellington service co. inc. is Existing or more than 2 years old

MEDFORD WELLINGTON SERVICE CO. INC.

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MEDFORD WELLINGTON SERVICE CO. INC.

Borrower Address

9 Executive Park Dr

Borrower City

North Billerica

Borrower State

MA

Borrower Zip

01862-1318

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1994910.00

Current Approval Amount

1994910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Billerica

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01862-1318

CD

MA-03

Jobs Reported

118

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1994906.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2007589.98

Forgiveness Date

11/03/2021

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