Date Approved
03/27/2021
SBA Office Code
0101
Processing Method
PPS
Borrower Name
PENNEY CONSTRUCTION INC
Borrower Address
5 Barrett Rd
Borrower City
Peabody
Borrower State
MA
Borrower Zip
01960-3109
Loan Status Date
03/11/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
52137.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
32987
Servicing Lender Name
Eastern Bank
Servicing Lender Address
265 Franklin St
Servicing Lender City
BOSTON
Servicing Lender State
Servicing Lender Zip
02110-3113
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ESSEX
Project State
Project Zip
CD
MA-06
Jobs Reported
6
NAICS Code
236118
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
52135.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
52591.75
Forgiveness Date
02/08/2022