PPP Loan information for Sal's clothing and fabric restoration inc.

$441,588

Sal's clothing and fabric restoration inc. was initially approved for PPP Loan of amount $441,588, the current approved amount is $441,588. The loan was approved on 02/24/2021 by The Everett Co-operative Bank reported 47 jobs and $441,588 was used to fund payroll.

Sal's clothing and fabric restoration inc. is Existing or more than 2 years old

PPP Loan Search / MA / Everett / Sal's clothing and fabric restoration inc.

SAL'S CLOTHING AND FABRIC RESTORATION INC.

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SAL'S CLOTHING AND FABRIC RESTORATION INC.

Borrower Address

15 Henderson St

Borrower City

Everett

Borrower State

MA

Borrower Zip

02149-2610

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

441587.50

Current Approval Amount

441587.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89066

Servicing Lender Name

Everett Co-operative Bank

Servicing Lender Address

419 Broadway

Servicing Lender City

EVERETT

Servicing Lender State

MA

Servicing Lender Zip

02149-3435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Everett

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02149-2610

CD

MA-07

Jobs Reported

47

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

441581.50

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

Subchapter S Corporation

Originating Lender Location Id

89066

Originating Lender

Everett Co-operative Bank

Originating Lender City

EVERETT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

445991.28

Forgiveness Date

03/04/2022

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