PPP Loan information for Shaw welding company inc

$160,000

Shaw welding company inc was initially approved for PPP Loan of amount $160,000, the current approved amount is $160,000. The loan was approved on 04/10/2020 by The Northern Bank and Trust Company reported 14 jobs and $160,000 was used to fund payroll.

Shaw welding company inc is Existing or more than 2 years old

PPP Loan Search / MA / BILLERICA / Shaw welding company inc

SHAW WELDING COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SHAW WELDING COMPANY INC

Borrower Address

7 INNIS DR

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821-2604

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160000.00

Current Approval Amount

160000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-2604

CD

MA-06

Jobs Reported

14

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160000.00

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

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161337.78

Forgiveness Date

02/17/2021

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