PPP Loan information for Port 305, incorporated

$275,978

Port 305, incorporated was initially approved for PPP Loan of amount $275,978, the current approved amount is $275,978. The loan was approved on 04/13/2020 by The Eastern Bank reported 49 jobs and $275,978 was used to fund payroll.

Port 305, incorporated is Existing or more than 2 years old

PORT 305, INCORPORATED

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PORT 305, INCORPORATED

Borrower Address

305 VICTORY RD

Borrower City

QUINCY

Borrower State

MA

Borrower Zip

02171-3105

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275977.50

Current Approval Amount

275977.50

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

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

NORFOLK

Project State

MA

Project Zip

02171-3105

CD

MA-08

Jobs Reported

49

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275977.50

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278192.48

Forgiveness Date

02/11/2021

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