PPP Loan information for Shannon products corporation

$82,187

Shannon products corporation was initially approved for PPP Loan of amount $82,187, the current approved amount is $82,187. The loan was approved on 03/18/2021 by The Eastern Bank reported 4 jobs and $82,187 was used to fund payroll.

Shannon products corporation is Existing or more than 2 years old

SHANNON PRODUCTS CORPORATION

Date Approved

03/18/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SHANNON PRODUCTS CORPORATION

Borrower Address

329B Boston Post Rd

Borrower City

Sudbury

Borrower State

MA

Borrower Zip

01776-3061

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82187.00

Current Approval Amount

82187.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sudbury

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01776-3061

CD

MA-05

Jobs Reported

4

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82181.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

83148.13

Forgiveness Date

05/20/2022

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