PPP Loan information for Res group inc.

$251,325

Res group inc. was initially approved for PPP Loan of amount $251,325, the current approved amount is $251,325. The loan was approved on 03/04/2021 by The East Cambridge Savings Bank reported 13 jobs and $251,325 was used to fund payroll.

Res group inc. is Existing or more than 2 years old

RES GROUP INC.

Date Approved

03/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RES GROUP INC.

Borrower Address

160 Gould St Ste 204

Borrower City

Needham

Borrower State

MA

Borrower Zip

02494-2300

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

251325.00

Current Approval Amount

251325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32730

Servicing Lender Name

East Cambridge Savings Bank

Servicing Lender Address

292 Cambridge St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02141-1203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Needham

Project County Name

NORFOLK

Project State

MA

Project Zip

02494-2300

CD

MA-04

Jobs Reported

13

NAICS Code

541715

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

251323.00

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

Corporation

Originating Lender Location Id

32730

Originating Lender

East Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252247.67

Forgiveness Date

07/28/2021

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