PPP Loan information for Payright payroll services inc

$711,700

Payright payroll services inc was initially approved for PPP Loan of amount $711,700, the current approved amount is $711,700. The loan was approved on 04/08/2020 by The Enterprise Bank and Trust Company reported 40 jobs and $711,700 was used to fund payroll.

Payright payroll services inc is Existing or more than 2 years old

PAYRIGHT PAYROLL SERVICES INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PAYRIGHT PAYROLL SERVICES INC

Borrower Address

468 GREAT RD

Borrower City

ACTON

Borrower State

MA

Borrower Zip

01720-4102

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711700.00

Current Approval Amount

711700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ACTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01720-4102

CD

MA-03

Jobs Reported

40

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

616700.00

Mortgage Interest Proceed

0.00

Rent Proceed

55000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

726052.62

Forgiveness Date

04/14/2022

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