PPP Loan information for Reading lumber company inc

$190,221

Reading lumber company inc was initially approved for PPP Loan of amount $190,221, the current approved amount is $190,221. The loan was approved on 02/10/2021 by The Reading Co-Operative Bank reported 25 jobs and $190,221 was used to fund payroll.

Reading lumber company inc is Existing or more than 2 years old

READING LUMBER COMPANY INC

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

READING LUMBER COMPANY INC

Borrower Address

110 Main St

Borrower City

North Reading

Borrower State

MA

Borrower Zip

01864-2230

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

190220.60

Current Approval Amount

190220.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Reading

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01864-2230

CD

MA-06

Jobs Reported

25

NAICS Code

321912

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

190217.60

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

192276.04

Forgiveness Date

03/15/2022

;