PPP Loan information for Sacks & company, inc

$1,341,600

Sacks & company, inc was initially approved for PPP Loan of amount $1,341,600, the current approved amount is $1,341,600. The loan was approved on 04/11/2020 by The Enterprise Bank and Trust Company reported 83 jobs and $1,341,600 was used to fund payroll.

Sacks & company, inc is Existing or more than 2 years old

SACKS & COMPANY, INC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SACKS & COMPANY, INC

Borrower Address

44 LOWELL JUNCTION RD

Borrower City

ANDOVER

Borrower State

MA

Borrower Zip

01810-5916

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1341600.00

Current Approval Amount

1341600.00

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

ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01810-5916

CD

MA-06

Jobs Reported

83

NAICS Code

541820

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24942.00

Payroll Proceed

1082100.00

Mortgage Interest Proceed

0.00

Rent Proceed

166500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

67000.00

Debt Interest Proceed

1058

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

1360456.93

Forgiveness Date

09/09/2021

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