PPP Loan information for Porter engineering inc.

$73,553

Porter engineering inc. was initially approved for PPP Loan of amount $73,553, the current approved amount is $73,553. The loan was approved on 01/25/2021 by The North Shore Bank, a Co-operative Bank reported 7 jobs and $73,553 was used to fund payroll.

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

PORTER ENGINEERING INC.

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PORTER ENGINEERING INC.

Borrower Address

523 Main St

Borrower City

Stoneham

Borrower State

MA

Borrower Zip

02180-2832

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73552.50

Current Approval Amount

73552.50

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

7

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73552.50

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

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

74077.58

Forgiveness Date

10/20/2021

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