PPP Loan information for Porter engineering inc.

$90,500

Porter engineering inc. was initially approved for PPP Loan of amount $90,500, the current approved amount is $90,500. The loan was approved on 04/13/2020 by The North Shore Bank, a Co-operative Bank reported 8 jobs and $90,500 was used to fund payroll.

Porter engineering inc. is Existing or more than 2 years old

PORTER ENGINEERING INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PORTER ENGINEERING INC.

Borrower Address

523 Main Street

Borrower City

STONEHAM

Borrower State

MA

Borrower Zip

02180-2832

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90500.00

Current Approval Amount

90500.00

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

STONEHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02180-2832

CD

MA-05

Jobs Reported

8

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

90500.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91314.50

Forgiveness Date

03/11/2021

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