PPP Loan information for Payway, inc

$243,700

Payway, inc was initially approved for PPP Loan of amount $267,000, the current approved amount is $243,700. The loan was approved on 04/05/2020 by The North Shore Bank, a Co-operative Bank reported 11 jobs and $243,700 was used to fund payroll.

Payway, inc is Existing or more than 2 years old

PPP Loan Search / MA / DANVERS / Payway, inc

PAYWAY, INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PAYWAY, INC

Borrower Address

222 ROSEWOOD DR

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-1393

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267000.00

Current Approval Amount

243700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1393

CD

MA-06

Jobs Reported

11

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243700.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

245940.69

Forgiveness Date

03/09/2021

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