PPP Loan information for Shadi's inc

$130,000

Shadi's inc was initially approved for PPP Loan of amount $130,000, the current approved amount is $130,000. The loan was approved on 04/09/2020 by The Salem Co-operative Bank reported 30 jobs and $130,000 was used to fund payroll.

Shadi's inc is Existing or more than 2 years old

PPP Loan Search / MA / NORTH ANDOVER / Shadi's inc

SHADI'S INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SHADI'S INC

Borrower Address

585 CHICKERING RD

Borrower City

NORTH ANDOVER

Borrower State

MA

Borrower Zip

01845-2830

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130000.00

Current Approval Amount

130000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78004

Servicing Lender Name

Salem Co-operative Bank

Servicing Lender Address

3 S Broadway

Servicing Lender City

SALEM

Servicing Lender State

NH

Servicing Lender Zip

03079-3005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01845-2830

CD

MA-06

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

130000.00

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

78004

Originating Lender

Salem Co-operative Bank

Originating Lender City

SALEM

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131171.78

Forgiveness Date

03/11/2021

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