PPP Loan information for Setronics corp.

$660,000

Setronics corp. was initially approved for PPP Loan of amount $705,000, the current approved amount is $660,000. The loan was approved on 04/04/2020 by The Salem Five Cents Savings Bank reported 42 jobs and $660,000 was used to fund payroll.

Setronics corp. is Existing or more than 2 years old

PPP Loan Search / MA / NORTH BILLERICA / Setronics corp.

SETRONICS CORP.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SETRONICS CORP.

Borrower Address

5 EXECUTIVE PARK DR

Borrower City

NORTH BILLERICA

Borrower State

MA

Borrower Zip

01862-1318

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

705000.00

Current Approval Amount

660000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01862-1318

CD

MA-03

Jobs Reported

42

NAICS Code

532210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

660000.00

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

Subchapter S 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

666911.67

Forgiveness Date

04/27/2021

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