PPP Loan information for Russo tux shop inc

$90,048

Russo tux shop inc was initially approved for PPP Loan of amount $100,500, the current approved amount is $90,048. The loan was approved on 04/07/2020 by The Salem Five Cents Savings Bank reported 20 jobs and $90,048 was used to fund payroll.

Russo tux shop inc is Existing or more than 2 years old

PPP Loan Search / MA / CHELSEA / Russo tux shop inc

RUSSO TUX SHOP INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RUSSO TUX SHOP INC

Borrower Address

320 REVERE BEACH PKWY

Borrower City

CHELSEA

Borrower State

MA

Borrower Zip

02150-1412

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100500.00

Current Approval Amount

90048.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

SUFFOLK

Project State

MA

Project Zip

02150-1412

CD

MA-07

Jobs Reported

20

NAICS Code

448190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90048.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90778.39

Forgiveness Date

02/04/2021

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