PPP Loan information for Pion inc.

$533,700

Pion inc. was initially approved for PPP Loan of amount $533,700, the current approved amount is $533,700. The loan was approved on 04/14/2020 by The Middlesex Savings Bank reported 30 jobs and $533,700 was used to fund payroll.

Pion inc. is Existing or more than 2 years old

PION INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PION INC.

Borrower Address

10 Cook Street

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821-6061

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

533700.00

Current Approval Amount

533700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-6000

CD

MA-06

Jobs Reported

30

NAICS Code

334519

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

426960.00

Mortgage Interest Proceed

0.00

Rent Proceed

91740.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

539615.18

Forgiveness Date

05/21/2021

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