PPP Loan information for Old colonial corporation

$552,900

Old colonial corporation was initially approved for PPP Loan of amount $552,900, the current approved amount is $552,900. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 40 jobs and $552,900 was used to fund payroll.

Old colonial corporation is Existing or more than 2 years old

PPP Loan Search / MA / Boston / Old colonial corporation

OLD COLONIAL CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OLD COLONIAL CORPORATION

Borrower Address

45-55 UNION ST.

Borrower City

Boston

Borrower State

MA

Borrower Zip

02108

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

552900.00

Current Approval Amount

552900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02108-1000

CD

MA-08

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

552900.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

558989.47

Forgiveness Date

05/28/2021

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