PPP Loan information for Portland stone ware co. inc.

$2,974,700

Portland stone ware co. inc. was initially approved for PPP Loan of amount $2,974,700, the current approved amount is $2,974,700. The loan was approved on 04/09/2020 by The Enterprise Bank and Trust Company reported 47 jobs and $2,974,700 was used to fund payroll.

Portland stone ware co. inc. is Existing or more than 2 years old

PPP Loan Search / MA / DRACUT / Portland stone ware co. inc.

PORTLAND STONE WARE CO. INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PORTLAND STONE WARE CO. INC.

Borrower Address

50 MCGRATH RD

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826-2840

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2974700.00

Current Approval Amount

2974700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-2840

CD

MA-03

Jobs Reported

47

NAICS Code

423320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

1590000.00

Mortgage Interest Proceed

21700.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1338000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

931816.36

Forgiveness Date

04/20/2022

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