PPP Loan information for Saugus paving inc.

$218,700

Saugus paving inc. was initially approved for PPP Loan of amount $218,700, the current approved amount is $218,700. The loan was approved on 06/02/2020 by The Citizens Bank, National Association reported 16 jobs and $218,700 was used to fund payroll.

Saugus paving inc. is Existing or more than 2 years old

SAUGUS PAVING INC.

Date Approved

06/02/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SAUGUS PAVING INC.

Borrower Address

126 IPSWICH RD

Borrower City

BOXFORD

Borrower State

MA

Borrower Zip

01921-2029

Loan Status Date

09/17/2022

Loan Status

Charged Off

Term

30

SBA Guaranty Percentage

100

Initial Approval Amount

218700.00

Current Approval Amount

218700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOXFORD

Project County Name

ESSEX

Project State

MA

Project Zip

01921-2029

CD

MA-06

Jobs Reported

16

NAICS Code

324122

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

218700.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131887.24

Forgiveness Date

05/23/2022

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