PPP Loan information for Semco machine corporation

$123,000

Semco machine corporation was initially approved for PPP Loan of amount $123,000, the current approved amount is $123,000. The loan was approved on 04/16/2020 by The South Shore Bank reported 11 jobs and $123,000 was used to fund payroll.

Semco machine corporation is Existing or more than 2 years old

SEMCO MACHINE CORPORATION

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SEMCO MACHINE CORPORATION

Borrower Address

14 HIGH ST

Borrower City

PLAINVILLE

Borrower State

MA

Borrower Zip

02762-1114

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123000.00

Current Approval Amount

123000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINVILLE

Project County Name

NORFOLK

Project State

MA

Project Zip

02762-1114

CD

MA-04

Jobs Reported

11

NAICS Code

541380

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123000.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123662.83

Forgiveness Date

11/03/2020

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